According to statistics, the population in Trumann, AR amounts to 7,103, which shows decline -1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $37,611, shifting growth 11% from the past year, and the average property value in Trumann, AR growth 2% to $86,400 throughout the year.
|Number Of Employees||2,712|
|Median Property Value||$86,400|
The average household income in Trumann, AR grew from $33,836 to $37,611 in the past year. This data is an estimate based upon 2,818 households in Trumann, AR . The chart below presents how household income is distributed in Trumann, AR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Trumann, AR shifted from $85,100 to $86,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Trumann, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Trumann, AR properties falls in the '$125,000 to $149,999' 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 Trumann, AR compared to median property taxes around the country. The prevalent amount of property taxes in Trumann, AR equals $800, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Trumann, AR decreased by 2.9% to $117,789.
Knowing the current property prices is key if you plan to buy a studio in Trumann, AR. The average price for a studio has increased since the last month, currently being $25,742. Asking price for 2-bed apartment also increased by 3.7% and a place of this size will now cost you $85,000. A 3-bed apartment goes for $94,013, it decreased by 4.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.9% and made it down to $187,611.
While assessing the property pricing Trumann, AR, you can note that it remains flat with a price tag of $159,900. Price reports demonstrate that house price decreased by 1.6% this month making it up to $136,276. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $11,900.