According to statistics, the population in Stanwood, MI amounts to 218, which shows growth 3% compared to the previous year. The median age of the city’s residents is 38. The average household income is $43,125, shifting decline -2% from the past year, and the average property value in Stanwood, MI growth 7% to $76,000 throughout the year.
|Number Of Employees||100|
|Median Property Value||$76,000|
The average household income in Stanwood, MI declined from $44,000 to $43,125 in the past year. This data is an estimate based upon 76 households in Stanwood, MI . The chart below presents how household income is distributed in Stanwood, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Stanwood, MI shifted from $71,000 to $76,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Stanwood, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Stanwood, MI 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 Stanwood, MI compared to median property taxes around the country. The prevalent amount of property taxes in Stanwood, MI equals $1150, which is less than the national average.
|Apartment Size||May||vs Last Month|
|Studio for sale||$27,181||N/A|
|2 bed for sale||$210,000||+31.3%|
|3 bed for sale||$307,425||+6.4%|
|4+ bed for sale||$229,974||-37%|
During May 2022, the average price for an apartment in/near Stanwood, MI decreased by 66.6% to $111,779.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $210,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $307,425. 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 $229,974 for a big-family home.
|Listing Type||May||vs Last Month|
|Apartments for sale||$549,900||N/A|
|Lofts for sale||$248,725||N/A|
|Houses for sale||$113,304||-66.9%|
|Land for sale||$94,250||N/A|
While assessing the property pricing Stanwood, MI, you can note that it remains flat with a price tag of $549,900. According to statistics, average house is still $113,304 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $248,725.