According to statistics, the population in Malone, NY amounts to 5,752, which shows decline 0% compared to the previous year. The median age of the city’s residents is 41. The average household income is $36,621, shifting decline -9% from the past year, and the average property value in Malone, NY decline -1% to $82,200 throughout the year.
|Number Of Employees||2,314|
|Median Property Value||$82,200|
The average household income in Malone, NY declined from $40,143 to $36,621 in the past year. This data is an estimate based upon 2,494 households in Malone, NY . The chart below presents how household income is distributed in Malone, NY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Malone, NY shifted from $82,800 to $82,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Malone, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Malone, NY properties falls in the '$40,000 to $49,999' 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 Malone, NY compared to median property taxes around the country. The prevalent amount of property taxes in Malone, NY equals $3000, which is less than the national average.
|Apartment Size||Sep||vs Last Month|
|Studio for sale||$68,900||N/A|
|1 bed for sale||$92,500||-53.6%|
|2 bed for sale||$61,250||N/A|
|3 bed for sale||$147,500||-9.1%|
|4+ bed for sale||$171,375||+38.4%|
During Sep 2022, the average price for an apartment in/near Malone, NY increased by 15.7% to $159,863.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 53.6% to $92,500. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $61,250. A 3-bed apartment goes for $147,500, it decreased by 9.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 38.4% and made it up to $171,375.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$172,250||+7.3%|
|Land for sale||$36,000||-59.6%|
|Duplexes for sale||$68,900||N/A|
Price reports demonstrate that house price increased by 7.3% this month making it up to $172,250. An average value of duplex is $68,900, thus a median price for a duplex remains the same this month.