According to statistics, the population in Cookeville, TN amounts to 32,536, which shows decline 1% compared to the previous year. The median age of the city’s residents is 30. The average household income is $32,392, shifting growth 8% from the past year, and the average property value in Cookeville, TN growth 2% to $160,600 throughout the year.
|Number Of Employees||13,870|
|Median Property Value||$160,600|
The average household income in Cookeville, TN grew from $29,901 to $32,392 in the past year. This data is an estimate based upon 13,591 households in Cookeville, TN . The chart below presents how household income is distributed in Cookeville, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cookeville, TN shifted from $156,900 to $160,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cookeville, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cookeville, TN properties falls in the '$150,000 to $174,999' 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 Cookeville, TN compared to median property taxes around the country. The prevalent amount of property taxes in Cookeville, TN equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Cookeville, TN increased by 11.4% to $371,319.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $145,000 with no changes this month. Asking price for 2-bed apartment also increased by 14.4% and a place of this size will now cost you $228,814. A 3-bed apartment goes for $347,286, it decreased by 5.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.8% and made it down to $504,704.
Price reports demonstrate that house price increased by 12.3% this month making it up to $360,260. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $230,000. An average value of duplex is $212,633, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it increased by 6.7%, the price tag now starts at $480,000. The property value of townhouses decreased by 54.9%, you’ll have to spend around $462,500 to get one.