According to statistics, the population in Chagrin Falls, OH amounts to 4,081, which shows decline 1% compared to the previous year. The median age of the city’s residents is 48. The average household income is $86,607, shifting growth 15% from the past year, and the average property value in Chagrin Falls, OH growth 2% to $335,600 throughout the year.
|Number Of Employees||1,961|
|Median Property Value||$335,600|
The average household income in Chagrin Falls, OH grew from $75,260 to $86,607 in the past year. This data is an estimate based upon 1,841 households in Chagrin Falls, OH . The chart below presents how household income is distributed in Chagrin Falls, OH in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Chagrin Falls, OH shifted from $328,100 to $335,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Chagrin Falls, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Chagrin Falls, OH 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 Chagrin Falls, OH compared to median property taxes around the country. The prevalent amount of property taxes in Chagrin Falls, OH equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Chagrin Falls, OH increased by 30.6% to $645,514.
Asking price for 2-bed apartment also increased by 44.6% and a place of this size will now cost you $350,000. A 3-bed apartment goes for $866,266, it increased by 98.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $659,950.
Price reports demonstrate that house price increased by 42.8% this month making it up to $783,740. Condos are really in demand in this season. The median price for a condo increased by 75.7%, it’s now available for $350,000. The price statistics of lofts have not significantly changed, it now still goes for $512,557.