According to statistics, the population in Johnson City, TN amounts to 65,598, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $39,143, shifting decline -3% from the past year, and the average property value in Johnson City, TN growth 1% to $160,500 throughout the year.
|Number Of Employees||30,970|
|Median Property Value||$160,500|
The average household income in Johnson City, TN declined from $40,370 to $39,143 in the past year. This data is an estimate based upon 28,057 households in Johnson City, TN . The chart below presents how household income is distributed in Johnson City, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Johnson City, TN shifted from $158,700 to $160,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Johnson City, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Johnson City, TN 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 Johnson City, TN compared to median property taxes around the country. The prevalent amount of property taxes in Johnson City, TN equals $1150, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$569,086||+3.1%|
During May 2023, the average price for an apartment in/near Johnson City, TN increased by 7% to $380,299.
Knowing the current property prices is key if you plan to buy a studio in Johnson City, TN. The average price for a studio has decreased since the last month, currently being $160,000. Asking price for 2-bed apartment also increased by 11.4% and a place of this size will now cost you $233,289. A 3-bed apartment goes for $332,849, it decreased by 10.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 3.1% and made it up to $569,086.
|May||vs Last Month|
|Houses for sale||$418,724||+4.1%|
|Condos for sale||$242,335||+3.4%|
|Apartments for sale||$160,000||+101.3%|
The average cost of an apartment in Johnson City, TN rised by 101.3% to $160,000. Price reports demonstrate that house price increased by 4.1% this month making it up to $418,724. Condos are really in demand in this season. The median price for a condo increased by 3.4%, it’s now available for $242,335.