According to statistics, the population in Battle Creek, MI amounts to 51,505, which shows decline -1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $39,679, shifting growth 4% from the past year, and the average property value in Battle Creek, MI decline 0% to $80,700 throughout the year.
|Number Of Employees||21,771|
|Median Property Value||$80,700|
The average household income in Battle Creek, MI grew from $38,216 to $39,679 in the past year. This data is an estimate based upon 20,606 households in Battle Creek, MI . The chart below presents how household income is distributed in Battle Creek, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Battle Creek, MI shifted from $80,600 to $80,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Battle Creek, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Battle Creek, MI properties falls in the '$50,000 to $59,999' 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 Battle Creek, MI compared to median property taxes around the country. The prevalent amount of property taxes in Battle Creek, MI equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$62,000||-59.3%|
|1 bed for sale||$129,950||+46.5%|
|2 bed for sale||$146,691||+7.1%|
|3 bed for sale||$201,429||-15.3%|
|4+ bed for sale||$230,431||-8.6%|
During Aug 2022, the average price for an apartment in/near Battle Creek, MI decreased by 8.4% to $200,267.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 46.5% to $129,950. Asking price for 2-bed apartment also increased by 7.1% and a place of this size will now cost you $146,691. A 3-bed apartment goes for $201,429, it decreased by 15.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 8.6% and made it down to $230,431.
|Listing Type||Aug||vs Last Month|
|Lofts for sale||$375,000||+278.8%|
|Houses for sale||$210,656||-4.3%|
|Land for sale||$119,836||+62.6%|
|Duplexes for sale||$145,860||-38.8%|
|Condos for sale||$244,636||+7.1%|
|Other for sale||$234,900||N/A|
Price reports demonstrate that house price decreased by 4.3% this month making it up to $210,656. Condos are really in demand in this season. The median price for a condo increased by 7.1%, it’s now available for $244,636. You can now purchase a duplex for just $145,860, duplex price decreased by 38.8% this month. The price dynamics of lofts changed, it increased by 278.8%, the price tag now starts at $375,000.