According to statistics, the population in Cedar Springs, MI amounts to 3,620, which shows decline 0% compared to the previous year. The median age of the city’s residents is 31. The average household income is $44,781, shifting growth 12% from the past year, and the average property value in Cedar Springs, MI decline -2% to $99,700 throughout the year.
|Number Of Employees||1,498|
|Median Property Value||$99,700|
The average household income in Cedar Springs, MI grew from $40,089 to $44,781 in the past year. This data is an estimate based upon 1,269 households in Cedar Springs, MI . The chart below presents how household income is distributed in Cedar Springs, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cedar Springs, MI shifted from $101,500 to $99,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cedar Springs, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cedar Springs, MI 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 Cedar Springs, MI compared to median property taxes around the country. The prevalent amount of property taxes in Cedar Springs, MI equals $2500, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Cedar Springs, MI decreased by 19.9% to $240,957.
A 3-bed apartment goes for $252,236, it decreased by 13.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 23.1% and made it down to $239,449.