According to statistics, the population in Cabot, AR amounts to 25,732, which shows growth 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $58,392, shifting decline -1% from the past year, and the average property value in Cabot, AR growth 1% to $147,900 throughout the year.
|Number Of Employees||11,723|
|Median Property Value||$147,900|
The average household income in Cabot, AR declined from $58,711 to $58,392 in the past year. This data is an estimate based upon 9,628 households in Cabot, AR . The chart below presents how household income is distributed in Cabot, AR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cabot, AR shifted from $145,900 to $147,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cabot, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cabot, AR properties falls in the '$125,000 to $149,999' range, which is higher 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 Cabot, AR compared to median property taxes around the country. The prevalent amount of property taxes in Cabot, AR equals $1150, which is less than the national average.
|Apartment Size||May||vs Last Month|
|Studio for sale||$161,872||N/A|
|2 bed for sale||$89,000||-55.5%|
|3 bed for sale||$205,127||-4.1%|
|4+ bed for sale||$292,740||-15.4%|
During May 2022, the average price for an apartment in/near Cabot, AR decreased by 16.5% to $226,020.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $89,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $205,127. 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 $292,740 for a big-family home.
|Listing Type||May||vs Last Month|
|Houses for sale||$243,285||-10.2%|
|Condos for sale||$285,000||N/A|
|Land for sale||$177,601||N/A|
|Duplexes for sale||$120,000||N/A|
|Townhouses for sale||$285,000||N/A|
According to statistics, average house is still $243,285 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $285,000. An average value of duplex is $120,000, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $285,000.