Protect your treasures with
According to statistics, the population in Cottage Grove, MN amounts to 35,902, which shows decline 1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $90,337, shifting growth 6% from the past year, and the average property value in Cottage Grove, MN growth 4% to $224,300 throughout the year.
|Number Of Employees||19,168|
|Median Property Value||$224,300|
The average household income in Cottage Grove, MN grew from $85,516 to $90,337 in the past year. This data is an estimate based upon 12,011 households in Cottage Grove, MN . The chart below presents how household income is distributed in Cottage Grove, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cottage Grove, MN shifted from $216,500 to $224,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cottage Grove, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cottage Grove, MN properties falls in the '$200,000 to $249,999' 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 Cottage Grove, MN compared to median property taxes around the country. The prevalent amount of property taxes in Cottage Grove, MN equals $2500, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed apartments||$205,000||N/A|
|3 bed apartments||$309,150||-32.6%|
|4+ bed apartments||$334,950||-22.3%|
During Aug 2021, the average price for an apartment in/near Cottage Grove, MN decreased by 30.7% to $303,311.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $205,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $309,150. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $334,950 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$320,685||-26.8%|
|Townhouses for sale||$242,500||N/A|
According to statistics, average house is still $320,685 with no significant changes this month. Value of the townhouses didn’t change, the price still starts at $242,500.
Invest in the future of home rentals. Join us and become a part of our global rental platform.Invest Now
Your perks are here and your account is now upgraded. Thanks for investing in Rentberry.Accept