According to statistics, the population in Centre, AL amounts to 3,514, which shows decline -2% compared to the previous year. The median age of the city’s residents is 52. The average household income is $29,700, shifting decline -7% from the past year, and the average property value in Centre, AL decline -1% to $95,500 throughout the year.
|Number Of Employees||1,290|
|Median Property Value||$95,500|
The average household income in Centre, AL declined from $31,898 to $29,700 in the past year. This data is an estimate based upon 1,596 households in Centre, AL . The chart below presents how household income is distributed in Centre, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Centre, AL shifted from $96,400 to $95,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Centre, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Centre, AL properties falls in the '$90,000 to $99,999' 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 Centre, AL compared to median property taxes around the country. The prevalent amount of property taxes in Centre, AL equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Centre, AL decreased by 12.9% to $170,045.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $349,900 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $183,000. A 3-bed apartment goes for $152,475, it decreased by 36.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 37% and made it down to $264,500.