According to statistics, the population in Beechwood, MI amounts to 3,185, which shows decline -8% compared to the previous year. The median age of the city’s residents is 36. The average household income is $53,191, shifting growth 3% from the past year, and the average property value in Beechwood, MI growth 7% to $140,000 throughout the year.
|Number Of Employees||1,508|
|Median Property Value||$140,000|
The average household income in Beechwood, MI grew from $51,850 to $53,191 in the past year. This data is an estimate based upon 1,179 households in Beechwood, MI . The chart below presents how household income is distributed in Beechwood, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Beechwood, MI shifted from $130,300 to $140,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Beechwood, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Beechwood, 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 Beechwood, MI compared to median property taxes around the country. The prevalent amount of property taxes in Beechwood, MI equals $2500, which is less than the national average.