According to statistics, the population in South Haven, MI amounts to 4,345, which shows decline -1% compared to the previous year. The median age of the city’s residents is 56. The average household income is $45,292, shifting decline 0% from the past year, and the average property value in South Haven, MI decline 0% to $174,500 throughout the year.
|Number Of Employees||1,831|
|Median Property Value||$174,500|
The average household income in South Haven, MI grew from $45,123 to $45,292 in the past year. This data is an estimate based upon 2,157 households in South Haven, MI . The chart below presents how household income is distributed in South Haven, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in South Haven, MI shifted from $175,000 to $174,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in South Haven, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of South Haven, MI 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 South Haven, MI compared to median property taxes around the country. The prevalent amount of property taxes in South Haven, MI equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near South Haven, MI increased by 22.5% to $669,072.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 19.2% to $345,083. Asking price for 2-bed apartment also increased by 10.6% and a place of this size will now cost you $585,300. A 3-bed apartment goes for $468,952, it decreased by 2.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 62.6% and made it up to $1,408,483.
Price reports demonstrate that house price increased by 28.6% this month making it up to $863,506. Condos are really in demand in this season. The median price for a condo increased by 2.6%, it’s now available for $427,548. An average value of duplex is $229,900, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $478,000.