According to statistics, the population in Kinston, NC amounts to 21,004, which shows decline -2% compared to the previous year. The median age of the city’s residents is 44. The average household income is $29,927, shifting decline -4% from the past year, and the average property value in Kinston, NC decline -3% to $101,000 throughout the year.
Population | 21,004 |
Median Age | 44.4 |
Poverty Rate | 30% |
Household Income | $29,927 |
Number Of Employees | 7,780 |
Median Property Value | $101,000 |
The average household income in Kinston, NC declined from $31,030 to $29,927 in the past year. This data is an estimate based upon 9,070 households in Kinston, NC . The chart below presents how household income is distributed in Kinston, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Kinston, NC shifted from $104,000 to $101,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Kinston, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Kinston, NC 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 Kinston, NC compared to median property taxes around the country. The prevalent amount of property taxes in Kinston, NC equals $1150, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $74,245 | -8.6% |
2-bed apartments | $69,473 | -4.1% |
3-bed apartments | $157,731 | +0.2% |
4+ bed apartments | $244,988 | +6.9% |
During February 2023, the average price for an apartment in/near Kinston, NC increased by 0.5% to $153,201.
Knowing the current property prices is key if you plan to buy a studio in Kinston, NC. The average price for a studio has decreased since the last month, currently being $74,245. Asking price for 2-bed apartment also decreased by 4.1% and a place of this size will now cost you $69,473. A 3-bed apartment goes for $157,731, it increased by 0.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6.9% and made it up to $244,988.
Listing Type | Feb | vs Last Month |
---|---|---|
Lofts for sale | $265,000 | +0% |
Houses for sale | $158,281 | +2.2% |
Duplexes for sale | $65,000 | +0% |
Land for sale | $78,814 | -11% |
Condos for sale | $214,000 | N/A |
Apartments for sale | $70,000 | N/A |
While assessing the property pricing Kinston, NC, you can note that it remains flat with a price tag of $70,000. Price reports demonstrate that house price increased by 2.2% this month making it up to $158,281. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $214,000. An average value of duplex is $65,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $265,000. The average price of the land for sale in Kinston, NC has decreased by 11%, and now equals $78,814.