According to statistics, the population in Cedar Crest, NM amounts to 598, which shows decline -32% compared to the previous year. The median age of the city’s residents is 54. The average household income is $55,722, shifting growth 2% from the past year, and the average property value in Cedar Crest, NM growth 12% to $244,900 throughout the year.
|Number Of Employees||223|
|Median Property Value||$244,900|
The average household income in Cedar Crest, NM grew from $54,828 to $55,722 in the past year. This data is an estimate based upon 346 households in Cedar Crest, NM . The chart below presents how household income is distributed in Cedar Crest, NM in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cedar Crest, NM shifted from $219,200 to $244,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cedar Crest, NM in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cedar Crest, NM 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 Crest, NM compared to median property taxes around the country. The prevalent amount of property taxes in Cedar Crest, NM equals $1750, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Cedar Crest, NM decreased by 22.5% to $398,680.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $362,333. A 3-bed apartment goes for $509,999, it decreased by 38.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 21.1% and made it up to $574,950.
While assessing the property pricing Cedar Crest, NM, you can note that it remains flat with a price tag of $259,900. Price reports demonstrate that house price decreased by 35.3% this month making it up to $470,862.