According to statistics, the population in Alvarado, MN amounts to 467, which shows growth 5% compared to the previous year. The median age of the city’s residents is 32. The average household income is $48,750, shifting growth 4% from the past year, and the average property value in Alvarado, MN decline -2% to $83,900 throughout the year.
The average household income in Alvarado, MN grew from $46,705 to $48,750 in the past year. This data is an estimate based upon 181 households in Alvarado, MN . The chart below presents how household income is distributed in Alvarado, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Alvarado, MN shifted from $86,000 to $83,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Alvarado, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Alvarado, MN properties falls in the '$80,000 to $89,999' 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 Alvarado, MN compared to median property taxes around the country. The prevalent amount of property taxes in Alvarado, MN equals $1150, which is less than the national average.