According to statistics, the population in Ruston, LA amounts to 22,154, which shows decline 0% compared to the previous year. The median age of the city’s residents is 24. The average household income is $27,411, shifting growth 3% from the past year, and the average property value in Ruston, LA growth 4% to $169,400 throughout the year.
|Number Of Employees||10,117|
|Median Property Value||$169,400|
The average household income in Ruston, LA grew from $26,637 to $27,411 in the past year. This data is an estimate based upon 7,671 households in Ruston, LA . The chart below presents how household income is distributed in Ruston, LA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Ruston, LA shifted from $163,600 to $169,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Ruston, LA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Ruston, LA properties falls in the '$150,000 to $174,999' 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 Ruston, LA compared to median property taxes around the country. The prevalent amount of property taxes in Ruston, LA equals $800, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Ruston, LA increased by 9% to $342,281.
Asking price for 2-bed apartment also decreased by 49.3% and a place of this size will now cost you $128,750. A 3-bed apartment goes for $432,078, it increased by 99.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 129.3% and made it up to $627,100.
While assessing the property pricing Ruston, LA, you can note that it remains flat with a price tag of $186,000. Price reports demonstrate that house price increased by 103.3% this month making it up to $479,754. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $163,500. An average value of duplex is $339,500, thus a median price for a duplex remains the same this month.