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According to statistics, the population in Somerville, TN amounts to 3,121, which shows decline 0% compared to the previous year. The median age of the city’s residents is 42. The average household income is $24,688, shifting decline -13% from the past year, and the average property value in Somerville, TN growth 2% to $164,900 throughout the year.
|Number Of Employees||887|
|Median Property Value||$164,900|
The average household income in Somerville, TN declined from $28,254 to $24,688 in the past year. This data is an estimate based upon 1,318 households in Somerville, TN . The chart below presents how household income is distributed in Somerville, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Somerville, TN shifted from $162,100 to $164,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Somerville, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Somerville, TN properties falls in the '$300,000 to $399,999' range, which is higher 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 Somerville, TN compared to median property taxes around the country. The prevalent amount of property taxes in Somerville, TN equals $800, which is less than the national average.
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