According to statistics, the population in Proctor, MN amounts to 3,045, which shows decline -1% compared to the previous year. The median age of the city’s residents is 46. The average household income is $57,327, shifting growth 5% from the past year, and the average property value in Proctor, MN decline -1% to $142,000 throughout the year.
|Number Of Employees||1,473|
|Median Property Value||$142,000|
The average household income in Proctor, MN grew from $54,681 to $57,327 in the past year. This data is an estimate based upon 1,232 households in Proctor, MN . The chart below presents how household income is distributed in Proctor, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Proctor, MN shifted from $142,900 to $142,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Proctor, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Proctor, MN 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 Proctor, MN compared to median property taxes around the country. The prevalent amount of property taxes in Proctor, MN equals $1150, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Proctor, MN increased by 17.8% to $316,258.
Asking price for 2-bed apartment also increased by 6.2% and a place of this size will now cost you $154,933. A 3-bed apartment goes for $184,900, it increased by 8.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 12.4% and made it down to $308,120.
Price reports demonstrate that house price decreased by 15.5% this month making it up to $247,256. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $149,900.