According to statistics, the population in Mountain Brook, AL amounts to 20,438, which shows decline 0% compared to the previous year. The median age of the city’s residents is 41. The average household income is $132,825, shifting growth 2% from the past year, and the average property value in Mountain Brook, AL growth 4% to $578,100 throughout the year.
|Number Of Employees||8,882|
|Median Property Value||$578,100|
The average household income in Mountain Brook, AL grew from $129,777 to $132,825 in the past year. This data is an estimate based upon 7,462 households in Mountain Brook, AL . The chart below presents how household income is distributed in Mountain Brook, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mountain Brook, AL shifted from $557,300 to $578,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mountain Brook, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mountain Brook, AL properties falls in the '$500,000 to $749,999' 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 Mountain Brook, AL compared to median property taxes around the country. The prevalent amount of property taxes in Mountain Brook, AL equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed for sale||$254,900||-43.3%|
|3 bed for sale||$575,849||-7%|
|4+ bed for sale||$993,777||-12.7%|
During Aug 2022, the average price for an apartment in/near Mountain Brook, AL decreased by 7.3% to $887,695.
Asking price for 2-bed apartment also decreased by 43.3% and a place of this size will now cost you $254,900. A 3-bed apartment goes for $575,849, it decreased by 7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 12.7% and made it down to $993,777.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$954,637||-0.3%|
|Condos for sale||$347,780||N/A|
|Land for sale||$541,725||N/A|
Price reports demonstrate that house price decreased by 0.3% this month making it up to $954,637. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $347,780.