According to statistics, the population in Canton, MS amounts to 12,800, which shows decline -5% compared to the previous year. The median age of the city’s residents is 34. The average household income is $45,915, shifting growth 8% from the past year, and the average property value in Canton, MS growth 9% to $134,300 throughout the year.
|Number Of Employees||5,684|
|Median Property Value||$134,300|
The average household income in Canton, MS grew from $42,402 to $45,915 in the past year. This data is an estimate based upon 4,564 households in Canton, MS . The chart below presents how household income is distributed in Canton, MS in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Canton, MS shifted from $123,400 to $134,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Canton, MS in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Canton, MS 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 Canton, MS compared to median property taxes around the country. The prevalent amount of property taxes in Canton, MS equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Canton, MS decreased by 18.1% to $239,930.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $36,500 with no changes this month. A 3-bed apartment goes for $278,556, it increased by 14.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.9% and made it up to $298,938.