According to statistics, the population in Rensselaer, IN amounts to 5,631, which shows growth 5% compared to the previous year. The median age of the city’s residents is 41. The average household income is $42,912, shifting decline 0% from the past year, and the average property value in Rensselaer, IN growth 4% to $120,200 throughout the year.
|Number Of Employees||2,767|
|Median Property Value||$120,200|
The average household income in Rensselaer, IN declined from $43,056 to $42,912 in the past year. This data is an estimate based upon 2,271 households in Rensselaer, IN . The chart below presents how household income is distributed in Rensselaer, IN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Rensselaer, IN shifted from $115,600 to $120,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rensselaer, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rensselaer, IN 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 Rensselaer, IN compared to median property taxes around the country. The prevalent amount of property taxes in Rensselaer, IN equals $800, which is less than the national average.