According to statistics, the population in Forest City, IA amounts to 4,083, which shows decline 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $47,198, shifting decline -4% from the past year, and the average property value in Forest City, IA decline 0% to $95,700 throughout the year.
|Number Of Employees||1,934|
|Median Property Value||$95,700|
The average household income in Forest City, IA declined from $49,309 to $47,198 in the past year. This data is an estimate based upon 1,673 households in Forest City, IA . The chart below presents how household income is distributed in Forest City, IA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Forest City, IA shifted from $95,900 to $95,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Forest City, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Forest City, IA properties falls in the '$70,000 to $79,999' 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 Forest City, IA compared to median property taxes around the country. The prevalent amount of property taxes in Forest City, IA equals $1150, which is less than the national average.
|Apartment Size||Apr||vs Last Month|
|3 bed for sale||$181,861||+0.6%|
|4+ bed for sale||$140,000||N/A|
During Apr 2022, the average price for an apartment in/near Forest City, IA increased by 6.6% to $181,861.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $181,861. 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 $140,000 for a big-family home.
|Listing Type||Apr||vs Last Month|
|Apartments for sale||$182,950||+7.9%|
|Lofts for sale||$144,000||N/A|
|Houses for sale||$180,120||-0.4%|
While assessing the property pricing Forest City, IA, you can note that it remains flat with a price tag of $182,950. According to statistics, average house is still $180,120 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $144,000.