According to statistics, the population in Crystal Falls, MI amounts to 1,696, which shows growth 5% compared to the previous year. The median age of the city’s residents is 40. The average household income is $32,368, shifting growth 1% from the past year, and the average property value in Crystal Falls, MI decline -4% to $62,600 throughout the year.
|Number Of Employees||684|
|Median Property Value||$62,600|
The average household income in Crystal Falls, MI grew from $31,989 to $32,368 in the past year. This data is an estimate based upon 724 households in Crystal Falls, MI . The chart below presents how household income is distributed in Crystal Falls, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Crystal Falls, MI shifted from $65,100 to $62,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Crystal Falls, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Crystal Falls, MI properties falls in the '$80,000 to $89,999' 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 Crystal Falls, MI compared to median property taxes around the country. The prevalent amount of property taxes in Crystal Falls, MI equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$120,000||N/A|
|2 bed for sale||$139,000||+46.5%|
|3 bed for sale||$158,200||-9.6%|
|4+ bed for sale||$59,700||-40.9%|
During Jul 2022, the average price for an apartment in/near Crystal Falls, MI increased by 2.6% to $132,044.
Asking price for 2-bed apartment also increased by 46.5% and a place of this size will now cost you $139,000. A 3-bed apartment goes for $158,200, it decreased by 9.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 40.9% and made it down to $59,700.
|Listing Type||Jul||vs Last Month|
|Land for sale||$29,900||-56.3%|
|Duplexes for sale||$89,900||N/A|
|Houses for sale||$144,812||+5.1%|
|Other for sale||$289,000||N/A|
|Apartments for sale||$120,000||N/A|
While assessing the property pricing Crystal Falls, MI, you can note that it remains flat with a price tag of $120,000. Price reports demonstrate that house price increased by 5.1% this month making it up to $144,812. An average value of duplex is $89,900, thus a median price for a duplex remains the same this month.