According to statistics, the population in Mancelona, MI amounts to 1,409, which shows growth 4% compared to the previous year. The median age of the city’s residents is 32. The average household income is $36,875, shifting growth 6% from the past year, and the average property value in Mancelona, MI growth 1% to $70,300 throughout the year.
|Number Of Employees||588|
|Median Property Value||$70,300|
The average household income in Mancelona, MI grew from $34,688 to $36,875 in the past year. This data is an estimate based upon 533 households in Mancelona, MI . The chart below presents how household income is distributed in Mancelona, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mancelona, MI shifted from $69,400 to $70,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mancelona, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mancelona, MI properties falls in the '$70,000 to $79,999' 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 Mancelona, MI compared to median property taxes around the country. The prevalent amount of property taxes in Mancelona, MI equals $1150, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Mancelona, MI remained flat at $151,991.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $167,980. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $312,000.
According to statistics, average house is still $260,633 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $170,500.