According to statistics, the population in Fayetteville, TN amounts to 6,976, which shows decline -1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $31,223, shifting decline -1% from the past year, and the average property value in Fayetteville, TN growth 5% to $101,700 throughout the year.
|Number Of Employees||2,702|
|Median Property Value||$101,700|
The average household income in Fayetteville, TN declined from $31,601 to $31,223 in the past year. This data is an estimate based upon 3,118 households in Fayetteville, TN . The chart below presents how household income is distributed in Fayetteville, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Fayetteville, TN shifted from $96,900 to $101,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Fayetteville, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Fayetteville, TN properties falls in the '$100,000 to $124,999' 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 Fayetteville, TN compared to median property taxes around the country. The prevalent amount of property taxes in Fayetteville, TN equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Fayetteville, TN increased by 12.2% to $324,948.
Asking price for 2-bed apartment also decreased by 8.6% and a place of this size will now cost you $145,499. A 3-bed apartment goes for $289,666, it increased by 40.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.1% and made it up to $453,729.
While assessing the property pricing Fayetteville, TN, you can note that it remains flat with a price tag of $125,000. Price reports demonstrate that house price increased by 18.3% this month making it up to $352,943.