According to statistics, the population in Baldwin, MI amounts to 1,310, which shows decline -9% compared to the previous year. The median age of the city’s residents is 38. The average household income is $14,464, shifting decline -8% from the past year, and the average property value in Baldwin, MI decline 1% to $60,000 throughout the year.
|Number Of Employees||242|
|Median Property Value||$60,000|
The average household income in Baldwin, MI declined from $15,684 to $14,464 in the past year. This data is an estimate based upon 435 households in Baldwin, MI . The chart below presents how household income is distributed in Baldwin, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Baldwin, MI shifted from $59,500 to $60,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Baldwin, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Baldwin, MI properties falls in the '$125,000 to $149,999' 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 Baldwin, MI compared to median property taxes around the country. The prevalent amount of property taxes in Baldwin, MI equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$28,900||-39.8%|
|1 bed for sale||$332,400||+343.6%|
|2 bed for sale||$89,950||-26.6%|
|3 bed for sale||$428,700||+111.4%|
|4+ bed for sale||$105,930||-77.6%|
During Aug 2022, the average price for an apartment in/near Baldwin, MI decreased by 15.3% to $218,473.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 343.6% to $332,400. Asking price for 2-bed apartment also decreased by 26.6% and a place of this size will now cost you $89,950. A 3-bed apartment goes for $428,700, it increased by 111.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 77.6% and made it down to $105,930.
|Listing Type||Aug||vs Last Month|
|Lofts for sale||$149,450||N/A|
|Houses for sale||$308,608||+12.6%|
|Condos for sale||$343,233||-1.9%|
|Land for sale||$86,118||+185.2%|
Price reports demonstrate that house price increased by 12.6% this month making it up to $308,608. Condos faced an upward trend these days. The median price for a condo decreased by 1.9%, it’s now available for $343,233. The price statistics of lofts have not significantly changed, it now still goes for $149,450.