According to statistics, the population in Cottonwood, AL amounts to 1,281, which shows decline -3% compared to the previous year. The median age of the city’s residents is 41. The average household income is $28,938, shifting growth 12% from the past year, and the average property value in Cottonwood, AL growth 5% to $77,700 throughout the year.
|Number Of Employees||432|
|Median Property Value||$77,700|
The average household income in Cottonwood, AL grew from $25,893 to $28,938 in the past year. This data is an estimate based upon 499 households in Cottonwood, AL . The chart below presents how household income is distributed in Cottonwood, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cottonwood, AL shifted from $74,000 to $77,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cottonwood, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cottonwood, AL properties falls in the '$80,000 to $89,999' 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 Cottonwood, AL compared to median property taxes around the country. The prevalent amount of property taxes in Cottonwood, AL equals $800, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$127,595||+265.6%|
|1 bed for sale||$129,000||N/A|
|3 bed for sale||$158,133||-41.4%|
|4+ bed for sale||$17,450||N/A|
During Aug 2022, the average price for an apartment in/near Cottonwood, AL decreased by 31.1% to $115,897.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $129,000 with no changes this month. A 3-bed apartment goes for $158,133, it decreased by 41.4% lately. 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 $17,450 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$137,774||-18%|
|Land for sale||$17,450||N/A|
Price reports demonstrate that house price decreased by 18% this month making it up to $137,774.