According to statistics, the population in Cave City, KY amounts to 2,463, which shows growth 15% compared to the previous year. The median age of the city’s residents is 31. The average household income is $30,727, shifting growth 8% from the past year, and the average property value in Cave City, KY growth 4% to $79,600 throughout the year.
|Number Of Employees||1,016|
|Median Property Value||$79,600|
The average household income in Cave City, KY grew from $28,542 to $30,727 in the past year. This data is an estimate based upon 969 households in Cave City, KY . The chart below presents how household income is distributed in Cave City, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cave City, KY shifted from $76,300 to $79,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cave City, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cave City, KY 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 Cave City, KY compared to median property taxes around the country. The prevalent amount of property taxes in Cave City, KY equals $800, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Cave City, KY increased by 21.2% to $173,600.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $52,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $161,250. A 3-bed apartment goes for $171,540, it decreased by 7.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.2% and made it down to $219,500.
Price reports demonstrate that house price increased by 20.9% this month making it up to $179,533. An average value of duplex is $211,333, thus a median price for a duplex remains the same this month.