According to statistics, the population in Grand Blanc, MI amounts to 7,964, which shows decline -1% compared to the previous year. The median age of the city’s residents is 43. The average household income is $52,240, shifting growth 10% from the past year, and the average property value in Grand Blanc, MI growth 7% to $148,000 throughout the year.
|Number Of Employees||3,704|
|Median Property Value||$148,000|
The average household income in Grand Blanc, MI grew from $47,292 to $52,240 in the past year. This data is an estimate based upon 3,621 households in Grand Blanc, MI . The chart below presents how household income is distributed in Grand Blanc, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Grand Blanc, MI shifted from $138,100 to $148,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Grand Blanc, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Grand Blanc, MI properties falls in the '$150,000 to $174,999' 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 Grand Blanc, MI compared to median property taxes around the country. The prevalent amount of property taxes in Grand Blanc, MI equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed for sale||$200,228||-12.9%|
|3 bed for sale||$250,831||+0.7%|
|4+ bed for sale||$577,313||+84.1%|
During Aug 2022, the average price for an apartment in/near Grand Blanc, MI increased by 71% to $461,926.
Asking price for 2-bed apartment also decreased by 12.9% and a place of this size will now cost you $200,228. A 3-bed apartment goes for $250,831, it increased by 0.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 84.1% and made it up to $577,313.
|Listing Type||Aug||vs Last Month|
|Lofts for sale||$175,900||N/A|
|Condos for sale||$218,650||-16.1%|
|Houses for sale||$435,482||+54.7%|
|Land for sale||$803,712||+392.4%|
Price reports demonstrate that house price increased by 54.7% this month making it up to $435,482. Condos faced an upward trend these days. The median price for a condo decreased by 16.1%, it’s now available for $218,650. The price statistics of lofts have not significantly changed, it now still goes for $175,900.