According to statistics, the population in Saginaw, MI amounts to 49,366, which shows decline -1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $29,809, shifting growth 3% from the past year, and the average property value in Saginaw, MI decline -5% to $38,600 throughout the year.
|Number Of Employees||17,838|
|Median Property Value||$38,600|
The average household income in Saginaw, MI grew from $28,871 to $29,809 in the past year. This data is an estimate based upon 19,778 households in Saginaw, MI . The chart below presents how household income is distributed in Saginaw, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Saginaw, MI shifted from $40,600 to $38,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Saginaw, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Saginaw, MI properties falls in the '$40,000 to $49,999' 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 Saginaw, MI compared to median property taxes around the country. The prevalent amount of property taxes in Saginaw, MI equals $1150, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Saginaw, MI decreased by 5.4% to $164,869.
Asking price for 2-bed apartment also decreased by 3.1% and a place of this size will now cost you $166,425. A 3-bed apartment goes for $192,038, it increased by 5.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 67.4% and made it down to $105,422.
Price reports demonstrate that house price decreased by 16.9% this month making it up to $150,966. Condos faced an upward trend these days. The median price for a condo decreased by 20.2%, it’s now available for $303,720. The price dynamics of lofts changed, it increased by 0.1%, the price tag now starts at $90,000. The property value of townhouses decreased by 33.3%, you’ll have to spend around $159,700 to get one.