According to statistics, the population in Garrett, IN amounts to 6,762, which shows growth 2% compared to the previous year. The median age of the city’s residents is 36. The average household income is $42,277, shifting decline 1% from the past year, and the average property value in Garrett, IN growth 3% to $86,400 throughout the year.
|Number Of Employees||2,934|
|Median Property Value||$86,400|
The average household income in Garrett, IN grew from $41,971 to $42,277 in the past year. This data is an estimate based upon 2,606 households in Garrett, IN . The chart below presents how household income is distributed in Garrett, IN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Garrett, IN shifted from $84,100 to $86,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Garrett, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Garrett, IN 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 Garrett, IN compared to median property taxes around the country. The prevalent amount of property taxes in Garrett, IN equals $800, which is less than the national average.