According to statistics, the population in Nevada, IA amounts to 6,790, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $58,237, shifting growth 3% from the past year, and the average property value in Nevada, IA growth 4% to $128,300 throughout the year.
|Number Of Employees||3,437|
|Median Property Value||$128,300|
The average household income in Nevada, IA grew from $56,672 to $58,237 in the past year. This data is an estimate based upon 2,775 households in Nevada, IA . The chart below presents how household income is distributed in Nevada, IA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Nevada, IA shifted from $123,400 to $128,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Nevada, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Nevada, IA properties falls in the '$100,000 to $124,999' 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 Nevada, IA compared to median property taxes around the country. The prevalent amount of property taxes in Nevada, IA equals $2500, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$214,999||N/A|
|1 bed for sale||$175,000||N/A|
|2 bed for sale||$225,000||+80%|
|3 bed for sale||$284,950||+54.9%|
|4+ bed for sale||$362,450||+81.2%|
During Jul 2022, the average price for an apartment in/near Nevada, IA increased by 86% to $339,953.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $175,000 with no changes this month. Asking price for 2-bed apartment also increased by 80% and a place of this size will now cost you $225,000. A 3-bed apartment goes for $284,950, it increased by 54.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 81.2% and made it up to $362,450.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$256,611||+40.4%|
|Other for sale||$527,475||N/A|
Price reports demonstrate that house price increased by 40.4% this month making it up to $256,611.