According to statistics, the population in Pell City, AL amounts to 13,465, which shows decline 0% compared to the previous year. The median age of the city’s residents is 38. The average household income is $45,647, shifting decline -5% from the past year, and the average property value in Pell City, AL growth 2% to $165,600 throughout the year.
|Number Of Employees||6,155|
|Median Property Value||$165,600|
The average household income in Pell City, AL declined from $47,936 to $45,647 in the past year. This data is an estimate based upon 5,591 households in Pell City, AL . The chart below presents how household income is distributed in Pell City, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Pell City, AL shifted from $162,300 to $165,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Pell City, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Pell City, AL properties falls in the '$125,000 to $149,999' 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 Pell City, AL compared to median property taxes around the country. The prevalent amount of property taxes in Pell City, AL equals $800, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$160,000||N/A|
|1 bed for sale||$750,000||N/A|
|2 bed for sale||$249,916||+275.1%|
|3 bed for sale||$321,793||+22.7%|
|4+ bed for sale||$291,513||-28.1%|
During Aug 2022, the average price for an apartment in/near Pell City, AL decreased by 16.4% to $297,808.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $750,000 with no changes this month. Asking price for 2-bed apartment also increased by 275.1% and a place of this size will now cost you $249,916. A 3-bed apartment goes for $321,793, it increased by 22.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 28.1% and made it down to $291,513.
|Listing Type||Aug||vs Last Month|
|Land for sale||$92,453||-33.1%|
|Houses for sale||$404,435||+7.2%|
|Apartments for sale||$160,000||N/A|
|Condos for sale||$315,900||N/A|
While assessing the property pricing Pell City, AL, you can note that it remains flat with a price tag of $160,000. Price reports demonstrate that house price increased by 7.2% this month making it up to $404,435. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $315,900.