According to statistics, the population in Mount Sterling, KY amounts to 7,139, which shows decline 0% compared to the previous year. The median age of the city’s residents is 40. The average household income is $41,108, shifting growth 14% from the past year, and the average property value in Mount Sterling, KY growth 4% to $123,200 throughout the year.
|Number Of Employees||2,954|
|Median Property Value||$123,200|
The average household income in Mount Sterling, KY grew from $35,980 to $41,108 in the past year. This data is an estimate based upon 2,820 households in Mount Sterling, KY . The chart below presents how household income is distributed in Mount Sterling, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mount Sterling, KY shifted from $118,900 to $123,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mount Sterling, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mount Sterling, KY properties falls in the '$125,000 to $149,999' 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 Mount Sterling, KY compared to median property taxes around the country. The prevalent amount of property taxes in Mount Sterling, KY equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$80,000||N/A|
|2 bed for sale||$199,740||N/A|
|3 bed for sale||$236,899||+10%|
|4+ bed for sale||$247,854||-35%|
During Aug 2022, the average price for an apartment in/near Mount Sterling, KY decreased by 3% to $238,942.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $199,740. A 3-bed apartment goes for $236,899, it increased by 10% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 35% and made it down to $247,854.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$258,081||+10.2%|
|Condos for sale||$399,800||+74.2%|
|Land for sale||$35,711||-90.9%|
|Lofts for sale||$479,900||N/A|
|Duplexes for sale||$250,000||N/A|
Price reports demonstrate that house price increased by 10.2% this month making it up to $258,081. Condos are really in demand in this season. The median price for a condo increased by 74.2%, it’s now available for $399,800. An average value of duplex is $250,000, 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 $479,900.