According to statistics, the population in Albertville, MN amounts to 7,303, which shows decline 0% compared to the previous year. The median age of the city’s residents is 33. The average household income is $87,974, shifting decline -5% from the past year, and the average property value in Albertville, MN growth 5% to $198,700 throughout the year.
|Number Of Employees||4,046|
|Median Property Value||$198,700|
The average household income in Albertville, MN declined from $93,045 to $87,974 in the past year. This data is an estimate based upon 2,519 households in Albertville, MN . The chart below presents how household income is distributed in Albertville, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Albertville, MN shifted from $189,600 to $198,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Albertville, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Albertville, MN properties falls in the '$150,000 to $174,999' 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 Albertville, MN compared to median property taxes around the country. The prevalent amount of property taxes in Albertville, MN equals $2500, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Albertville, MN increased by 22.3% to $384,365.
Asking price for 2-bed apartment also increased by 8.3% and a place of this size will now cost you $367,902. A 3-bed apartment goes for $411,496, it increased by 37.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 11.3% and made it up to $398,378.
Price reports demonstrate that house price increased by 15.8% this month making it up to $404,361. Condos are really in demand in this season. The median price for a condo increased by 27.4%, it’s now available for $326,267. An average value of duplex is $249,900, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 5.9%, you’ll have to spend around $402,060 to get one.