According to statistics, the population in Russell Springs, KY amounts to 2,518, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $27,911, shifting growth 22% from the past year, and the average property value in Russell Springs, KY growth 7% to $83,100 throughout the year.
|Number Of Employees||763|
|Median Property Value||$83,100|
The average household income in Russell Springs, KY grew from $22,938 to $27,911 in the past year. This data is an estimate based upon 999 households in Russell Springs, KY . The chart below presents how household income is distributed in Russell Springs, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Russell Springs, KY shifted from $77,800 to $83,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Russell Springs, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Russell Springs, KY properties falls in the '$80,000 to $89,999' 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 Russell Springs, KY compared to median property taxes around the country. The prevalent amount of property taxes in Russell Springs, KY equals $800, which is less than the national average.
|Apartment Size||Nov||vs Last Month|
|2 bed for sale||$160,000||N/A|
|3 bed for sale||$156,100||+0.5%|
|4+ bed for sale||$57,240||-73.4%|
During Nov 2021, the average price for an apartment in/near Russell Springs, KY decreased by 45.2% to $101,177.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $160,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $156,100. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $57,240 for a big-family home.
|Listing Type||Nov||vs Last Month|
|Apartments for sale||$14,300||-72.7%|
|Houses for sale||$170,680||-19.4%|
While assessing the property pricing Russell Springs, KY, you can note that it remains flat with a price tag of $14,300. According to statistics, average house is still $170,680 with no significant changes this month.
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