According to statistics, the population in Hugo, OK amounts to 5,215, which shows decline -1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $23,500, shifting growth 2% from the past year, and the average property value in Hugo, OK growth 2% to $66,200 throughout the year.
|Number Of Employees||1,465|
|Median Property Value||$66,200|
The average household income in Hugo, OK grew from $23,108 to $23,500 in the past year. This data is an estimate based upon 1,968 households in Hugo, OK . The chart below presents how household income is distributed in Hugo, OK in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hugo, OK shifted from $65,200 to $66,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hugo, OK in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hugo, OK 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 Hugo, OK compared to median property taxes around the country. The prevalent amount of property taxes in Hugo, OK equals $800, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Hugo, OK decreased by 8.1% to $180,021.
Knowing the current property prices is key if you plan to buy a studio in Hugo, OK. The average price for a studio has decreased since the last month, currently being $216,633. Asking price for 2-bed apartment also decreased by 14% and a place of this size will now cost you $131,912. A 3-bed apartment goes for $117,888, it decreased by 15.4% lately. 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 $259,000 for a big-family home.
Price reports demonstrate that house price decreased by 8.2% this month making it up to $162,455. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $184,900. The average price of the land for sale in Hugo, OK has decreased by 6.3%, and now equals $270,000.