According to statistics, the population in Berrien Springs, MI amounts to 1,465, which shows growth 7% compared to the previous year. The median age of the city’s residents is 34. The average household income is $37,895, shifting decline -1% from the past year, and the average property value in Berrien Springs, MI growth 3% to $111,200 throughout the year.
|Number Of Employees||670|
|Median Property Value||$111,200|
The average household income in Berrien Springs, MI declined from $38,194 to $37,895 in the past year. This data is an estimate based upon 590 households in Berrien Springs, MI . The chart below presents how household income is distributed in Berrien Springs, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Berrien Springs, MI shifted from $107,600 to $111,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Berrien Springs, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Berrien Springs, 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 Berrien Springs, MI compared to median property taxes around the country. The prevalent amount of property taxes in Berrien Springs, MI equals $1150, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Berrien Springs, MI remained flat at $321,200.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $139,900. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $425,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $294,900 for a big-family home.