According to statistics, the population in Paris, KY amounts to 9,807, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $38,526, shifting growth 12% from the past year, and the average property value in Paris, KY growth 7% to $118,200 throughout the year.
|Number Of Employees||4,499|
|Median Property Value||$118,200|
The average household income in Paris, KY grew from $34,470 to $38,526 in the past year. This data is an estimate based upon 4,019 households in Paris, KY . The chart below presents how household income is distributed in Paris, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Paris, KY shifted from $110,000 to $118,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Paris, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Paris, 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 Paris, KY compared to median property taxes around the country. The prevalent amount of property taxes in Paris, KY equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$23,250||-50.2%|
|1 bed for sale||$140,000||N/A|
|2 bed for sale||$382,000||+123.2%|
|3 bed for sale||$350,768||+6.7%|
|4+ bed for sale||$228,933||-63.4%|
During Aug 2022, the average price for an apartment in/near Paris, KY decreased by 26.9% to $256,415.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $140,000 with no changes this month. Asking price for 2-bed apartment also increased by 123.2% and a place of this size will now cost you $382,000. A 3-bed apartment goes for $350,768, it increased by 6.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 63.4% and made it down to $228,933.
|Listing Type||Aug||vs Last Month|
|Land for sale||$95,695||-84%|
|Houses for sale||$337,686||-1.2%|
|Duplexes for sale||$220,000||N/A|
Price reports demonstrate that house price decreased by 1.2% this month making it up to $337,686. An average value of duplex is $220,000, thus a median price for a duplex remains the same this month.