According to statistics, the population in Lebanon, TN amounts to 30,212, which shows growth 3% compared to the previous year. The median age of the city’s residents is 35. The average household income is $46,287, shifting growth 8% from the past year, and the average property value in Lebanon, TN growth 7% to $189,400 throughout the year.
|Number Of Employees||13,536|
|Median Property Value||$189,400|
The average household income in Lebanon, TN grew from $43,003 to $46,287 in the past year. This data is an estimate based upon 10,844 households in Lebanon, TN . The chart below presents how household income is distributed in Lebanon, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lebanon, TN shifted from $177,100 to $189,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lebanon, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lebanon, TN properties falls in the '$250,000 to $299,999' 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 Lebanon, TN compared to median property taxes around the country. The prevalent amount of property taxes in Lebanon, TN equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed apartments||$179,950||N/A|
|3 bed apartments||$893,975||N/A|
|4+ bed apartments||$2,499,000||N/A|
During Sep 2021, the average price for an apartment in/near Lebanon, TN decreased by 100% to $0.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $179,950. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $893,975. 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 $2,499,000 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Apartments for sale||$1,428,512||N/A|
|Houses for sale||$670,950||N/A|
While assessing the property pricing Lebanon, TN, you can note that it remains flat with a price tag of $1,428,512. According to statistics, average house is still $670,950 with no significant changes this month.
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