According to statistics, the population in Klamath Falls, OR amounts to 21,113, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $38,847, shifting growth 5% from the past year, and the average property value in Klamath Falls, OR growth 7% to $148,900 throughout the year.
|Number Of Employees||9,004|
|Median Property Value||$148,900|
The average household income in Klamath Falls, OR grew from $36,977 to $38,847 in the past year. This data is an estimate based upon 8,891 households in Klamath Falls, OR . The chart below presents how household income is distributed in Klamath Falls, OR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Klamath Falls, OR shifted from $139,300 to $148,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Klamath Falls, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Klamath Falls, OR 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 Klamath Falls, OR compared to median property taxes around the country. The prevalent amount of property taxes in Klamath Falls, OR equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Klamath Falls, OR decreased by 9% to $254,574.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 66.9% to $48,000. Asking price for 2-bed apartment also decreased by 33.5% and a place of this size will now cost you $174,391. A 3-bed apartment goes for $319,832, it decreased by 10.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.3% and made it down to $364,044.
The average cost of an apartment in Klamath Falls, OR decreased by 38.6% to $239,000. Price reports demonstrate that house price decreased by 9.4% this month making it up to $294,601. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $356,000. You can now purchase a duplex for just $342,636, duplex price decreased by 8.6% this month. The price dynamics of lofts changed, it decreased by 58.8%, the price tag now starts at $359,800.