According to statistics, the population in Holland, MI amounts to 33,488, which shows decline 0% compared to the previous year. The median age of the city’s residents is 30. The average household income is $53,781, shifting growth 6% from the past year, and the average property value in Holland, MI growth 8% to $131,700 throughout the year.
Population | 33,488 |
Median Age | 29.9 |
Poverty Rate | 13% |
Household Income | $53,781 |
Number Of Employees | 17,001 |
Median Property Value | $131,700 |
The average household income in Holland, MI grew from $50,528 to $53,781 in the past year. This data is an estimate based upon 11,694 households in Holland, MI . The chart below presents how household income is distributed in Holland, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Holland, MI shifted from $121,900 to $131,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Holland, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Holland, MI properties falls in the '$125,000 to $149,999' 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 Holland, MI compared to median property taxes around the country. The prevalent amount of property taxes in Holland, MI equals $2500, which is less than the national average.
Apartment Size | Jan | vs Last Month |
---|---|---|
Studio apartments | $357,708 | -1.5% |
1-bed apartments | $345,000 | +0% |
2-bed apartments | $289,021 | -2.7% |
3-bed apartments | $356,628 | +1.5% |
4+ bed apartments | $341,847 | +0.3% |
During Jan 2023, the average price for an apartment in/near Holland, MI decreased by 0.5% to $336,456.
Knowing the current property prices is key if you plan to buy a studio in Holland, MI. The average price for a studio has decreased since the last month, currently being $357,708. After collecting all data points, we now see that the average price for 1-bed apartment stands at $345,000 with no changes this month. Asking price for 2-bed apartment also decreased by 2.7% and a place of this size will now cost you $289,021. A 3-bed apartment goes for $356,628, it increased by 1.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.3% and made it up to $341,847.
Listing Type | Jan | vs Last Month |
---|---|---|
Land for sale | $416,311 | +1.7% |
Houses for sale | $318,636 | -0.4% |
Condos for sale | $320,390 | -1.8% |
Other for sale | $529,900 | +0% |
Apartments for sale | $34,995 | -12.5% |
The average cost of an apartment in Holland, MI decreased by 12.5% to $34,995. Price reports demonstrate that house price decreased by 0.4% this month making it up to $318,636. Condos faced an upward trend these days. The median price for a condo decreased by 1.8%, it’s now available for $320,390. The average price of the land for sale in Holland, MI has increased by 1.7%, and now equals $416,311. Other types of properties for sale would cost $529,900 on average. Our data shows that this amount has stayed roughly the same compared to Dec.