According to statistics, the population in Cedar City, UT amounts to 30,232, which shows growth 2% compared to the previous year. The median age of the city’s residents is 27. The average household income is $42,216, shifting growth 4% from the past year, and the average property value in Cedar City, UT growth 8% to $193,700 throughout the year.
|Number Of Employees||13,598|
|Median Property Value||$193,700|
The average household income in Cedar City, UT grew from $40,582 to $42,216 in the past year. This data is an estimate based upon 9,887 households in Cedar City, UT . The chart below presents how household income is distributed in Cedar City, UT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cedar City, UT shifted from $180,100 to $193,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cedar City, UT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cedar City, UT properties falls in the '$300,000 to $399,999' 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 Cedar City, UT compared to median property taxes around the country. The prevalent amount of property taxes in Cedar City, UT equals $1150, which is less than the national average.
|Apartment Size||Sep||vs Last Month|
|2 bed apartments||$262,500||N/A|
|3 bed apartments||$517,995||+41.7%|
|4+ bed apartments||$746,457||+48.7%|
During Sep 2021, the average price for an apartment in/near Cedar City, UT increased by 35.1% to $602,079.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $262,500. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $517,995. 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 $746,457 for a big-family home.
|Listing Type||Sep||vs Last Month|
|Townhouses for sale||$298,000||N/A|
|Houses for sale||$680,668||+49.1%|
|Apartments for sale||$222,233||N/A|
While assessing the property pricing Cedar City, UT, you can note that it remains flat with a price tag of $222,233. According to statistics, average house is still $680,668 with no significant changes this month. Value of the townhouses didn’t change, the price still starts at $298,000.
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