According to statistics, the population in Luverne, MN amounts to 4,587, which shows decline -2% compared to the previous year. The median age of the city’s residents is 38. The average household income is $51,062, shifting growth 3% from the past year, and the average property value in Luverne, MN decline -1% to $123,000 throughout the year.
|Number Of Employees||2,164|
|Median Property Value||$123,000|
The average household income in Luverne, MN grew from $49,662 to $51,062 in the past year. This data is an estimate based upon 1,960 households in Luverne, MN . The chart below presents how household income is distributed in Luverne, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Luverne, MN shifted from $124,100 to $123,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Luverne, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Luverne, MN properties falls in the '$150,000 to $174,999' 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 Luverne, MN compared to median property taxes around the country. The prevalent amount of property taxes in Luverne, MN equals $1150, which is less than the national average.
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