According to statistics, the population in Balaton, MN amounts to 590, which shows growth 7% compared to the previous year. The median age of the city’s residents is 39. The average household income is $48,125, shifting decline 0% from the past year, and the average property value in Balaton, MN decline 1% to $75,200 throughout the year.
|Number Of Employees||308|
|Median Property Value||$75,200|
The average household income in Balaton, MN grew from $47,969 to $48,125 in the past year. This data is an estimate based upon 240 households in Balaton, MN . The chart below presents how household income is distributed in Balaton, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Balaton, MN shifted from $74,800 to $75,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Balaton, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Balaton, MN properties falls in the '$70,000 to $79,999' 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 Balaton, MN compared to median property taxes around the country. The prevalent amount of property taxes in Balaton, MN equals $800, which is less than the national average.