According to statistics, the population in Irvine, KY amounts to 2,208, which shows decline -2% compared to the previous year. The median age of the city’s residents is 43. The average household income is $24,611, shifting growth 3% from the past year, and the average property value in Irvine, KY growth 4% to $75,800 throughout the year.
|Number Of Employees||743|
|Median Property Value||$75,800|
The average household income in Irvine, KY grew from $23,827 to $24,611 in the past year. This data is an estimate based upon 1,035 households in Irvine, KY . The chart below presents how household income is distributed in Irvine, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Irvine, KY shifted from $72,600 to $75,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Irvine, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Irvine, KY 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 Irvine, KY compared to median property taxes around the country. The prevalent amount of property taxes in Irvine, KY equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$174,900||N/A|
|2 bed for sale||$129,510||N/A|
|3 bed for sale||$199,757||+25.6%|
|4+ bed for sale||$248,660||+7.5%|
During Jul 2022, the average price for an apartment in/near Irvine, KY decreased by 2.4% to $199,093.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $174,900 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $129,510. A 3-bed apartment goes for $199,757, it increased by 25.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 7.5% and made it up to $248,660.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$186,049||-15.2%|
|Land for sale||$248,660||+106.3%|
Price reports demonstrate that house price decreased by 15.2% this month making it up to $186,049.