According to statistics, the population in Republic, MO amounts to 15,890, which shows decline 1% compared to the previous year. The median age of the city’s residents is 31. The average household income is $50,333, shifting decline -2% from the past year, and the average property value in Republic, MO decline 1% to $123,500 throughout the year.
|Number Of Employees||7,171|
|Median Property Value||$123,500|
The average household income in Republic, MO declined from $51,320 to $50,333 in the past year. This data is an estimate based upon 5,844 households in Republic, MO . The chart below presents how household income is distributed in Republic, MO in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Republic, MO shifted from $122,300 to $123,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Republic, MO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Republic, MO 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 Republic, MO compared to median property taxes around the country. The prevalent amount of property taxes in Republic, MO equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$140,733||+12.6%|
|2 bed for sale||$130,000||N/A|
|3 bed for sale||$266,894||-11.2%|
|4+ bed for sale||$416,511||+21.4%|
During Jul 2022, the average price for an apartment in/near Republic, MO increased by 0.3% to $309,232.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $130,000. A 3-bed apartment goes for $266,894, it decreased by 11.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 21.4% and made it up to $416,511.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$291,057||-5.6%|
|Land for sale||$963,548||+92.7%|
|Apartments for sale||$125,000||N/A|
While assessing the property pricing Republic, MO, you can note that it remains flat with a price tag of $125,000. Price reports demonstrate that house price decreased by 5.6% this month making it up to $291,057.