According to statistics, the population in Merriam Woods, MO amounts to 1,855, which shows growth 6% compared to the previous year. The median age of the city’s residents is 33. The average household income is $32,255, shifting growth 11% from the past year, and the average property value in Merriam Woods, MO decline -1% to $67,000 throughout the year.
|Number Of Employees||827|
|Median Property Value||$67,000|
The average household income in Merriam Woods, MO grew from $29,034 to $32,255 in the past year. This data is an estimate based upon 722 households in Merriam Woods, MO . The chart below presents how household income is distributed in Merriam Woods, MO in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Merriam Woods, MO shifted from $67,900 to $67,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Merriam Woods, MO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Merriam Woods, MO 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 Merriam Woods, MO compared to median property taxes around the country. The prevalent amount of property taxes in Merriam Woods, MO equals $800, which is less than the national average.
|Apr||vs Last Month|
|4+ bed apartments||$215,000||N/A|
During April 2023, the average price for an apartment in/near Merriam Woods, MO increased by 18.6% to $119,350.
Knowing the current property prices is key if you plan to buy a studio in Merriam Woods, MO. The average price for a studio has increased since the last month, currently being $62,200. A 3-bed apartment goes for $138,000, it decreased by 16.8% lately. 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 $215,000 for a big-family home.
|Apr||vs Last Month|
|Apartments for sale||$119,900||+26.5%|
|Houses for sale||$176,500||+6.5%|
The average cost of an apartment in Merriam Woods, MO rised by 26.5% to $119,900. Price reports demonstrate that house price increased by 6.5% this month making it up to $176,500.