According to statistics, the population in Millbrook, AL amounts to 14,994, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $57,980, shifting decline -2% from the past year, and the average property value in Millbrook, AL decline 1% to $145,700 throughout the year.
|Number Of Employees||7,351|
|Median Property Value||$145,700|
The average household income in Millbrook, AL declined from $59,435 to $57,980 in the past year. This data is an estimate based upon 5,744 households in Millbrook, AL . The chart below presents how household income is distributed in Millbrook, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Millbrook, AL shifted from $144,800 to $145,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Millbrook, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Millbrook, AL properties falls in the '$100,000 to $124,999' 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 Millbrook, AL compared to median property taxes around the country. The prevalent amount of property taxes in Millbrook, AL equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Millbrook, AL increased by 35.3% to $279,560.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $129,000. A 3-bed apartment goes for $191,450, it decreased by 6.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 18.8% and made it up to $432,496.
Price reports demonstrate that house price increased by 30.3% this month making it up to $340,008. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $135,000. The price statistics of lofts have not significantly changed, it now still goes for $459,900. Value of the townhouses didn’t change, the price still starts at $135,000.