According to statistics, the population in Bellaire, MI amounts to 901, which shows growth 3% compared to the previous year. The median age of the city’s residents is 43. The average household income is $40,688, shifting growth 14% from the past year, and the average property value in Bellaire, MI decline -3% to $117,900 throughout the year.
|Number Of Employees||395|
|Median Property Value||$117,900|
The average household income in Bellaire, MI grew from $35,789 to $40,688 in the past year. This data is an estimate based upon 391 households in Bellaire, MI . The chart below presents how household income is distributed in Bellaire, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bellaire, MI shifted from $122,000 to $117,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bellaire, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bellaire, MI properties falls in the '$100,000 to $124,999' 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 Bellaire, MI compared to median property taxes around the country. The prevalent amount of property taxes in Bellaire, MI equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$30,000||-46.4%|
|2 bed for sale||$370,966||+88.7%|
|3 bed for sale||$444,271||+8.3%|
|4+ bed for sale||$410,150||+26%|
During Aug 2022, the average price for an apartment in/near Bellaire, MI increased by 21.1% to $394,923.
Asking price for 2-bed apartment also increased by 88.7% and a place of this size will now cost you $370,966. A 3-bed apartment goes for $444,271, it increased by 8.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 26% and made it up to $410,150.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$552,490||+4.6%|
|Land for sale||$15,300||-87.7%|
|Condos for sale||$285,725||+41.3%|
Price reports demonstrate that house price increased by 4.6% this month making it up to $552,490. Condos are really in demand in this season. The median price for a condo increased by 41.3%, it’s now available for $285,725.