According to statistics, the population in Midland City, AL amounts to 2,044, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $23,977, shifting decline -9% from the past year, and the average property value in Midland City, AL decline -2% to $93,600 throughout the year.
|Number Of Employees||697|
|Median Property Value||$93,600|
The average household income in Midland City, AL declined from $26,269 to $23,977 in the past year. This data is an estimate based upon 872 households in Midland City, AL . The chart below presents how household income is distributed in Midland City, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Midland City, AL shifted from $95,700 to $93,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Midland City, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Midland City, AL properties falls in the '$90,000 to $99,999' range, which is higher 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 Midland City, AL compared to median property taxes around the country. The prevalent amount of property taxes in Midland City, AL equals $800, which is less than the national average.
|Apartment Size||Nov||vs Last Month|
|3 bed for sale||$209,520||+42.3%|
|4+ bed for sale||$180,633||-35.8%|
During Nov 2021, the average price for an apartment in/near Midland City, AL increased by 8.1% to $198,687.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $209,520. 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 $180,633 for a big-family home.
|Listing Type||Nov||vs Last Month|
|Houses for sale||$198,687||+30.8%|
|Duplexes for sale||$489,900||N/A|
|Lofts for sale||$165,000||N/A|
According to statistics, average house is still $198,687 with no significant changes this month. An average value of duplex is $489,900, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $165,000.
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