According to statistics, the population in Alba, MI amounts to 304, which shows decline -14% compared to the previous year. The median age of the city’s residents is 48. The average household income is $34,722, shifting decline -4% from the past year, and the average property value in Alba, MI decline -23% to $59,100 throughout the year.
|Number Of Employees||103|
|Median Property Value||$59,100|
The average household income in Alba, MI declined from $36,125 to $34,722 in the past year. This data is an estimate based upon 138 households in Alba, MI . The chart below presents how household income is distributed in Alba, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Alba, MI shifted from $76,400 to $59,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Alba, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Alba, MI properties falls in the '$40,000 to $49,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Alba, MI compared to median property taxes around the country. The prevalent amount of property taxes in Alba, MI equals $800, which is less than the national average.
|Apartment Size||Oct||vs Last Month|
During Oct 2022, the average price for an apartment in/near Alba, MI remained flat at $199,900.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $199,900 with no changes this month.
|Listing Type||Oct||vs Last Month|
|Condos for sale||$199,900||N/A|
Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $199,900.