According to statistics, the population in Union City, TN amounts to 10,479, which shows decline -1% compared to the previous year. The median age of the city’s residents is 39. The average household income is $32,882, shifting decline -5% from the past year, and the average property value in Union City, TN decline -1% to $87,600 throughout the year.
Population | 10,479 |
Median Age | 38.8 |
Poverty Rate | 32% |
Household Income | $32,882 |
Number Of Employees | 4,002 |
Median Property Value | $87,600 |
The average household income in Union City, TN declined from $34,712 to $32,882 in the past year. This data is an estimate based upon 4,382 households in Union City, TN . The chart below presents how household income is distributed in Union City, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Union City, TN shifted from $88,700 to $87,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Union City, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Union City, TN properties falls in the '$100,000 to $124,999' 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 Union City, TN compared to median property taxes around the country. The prevalent amount of property taxes in Union City, TN equals $800, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $18,555 | +0.6% |
2-bed apartments | $133,700 | +8.1% |
3-bed apartments | $203,166 | +10.5% |
4+ bed apartments | $287,433 | +1.6% |
During March 2023, the average price for an apartment in/near Union City, TN increased by 7.3% to $134,340.
Knowing the current property prices is key if you plan to buy a studio in Union City, TN. The average price for a studio has increased since the last month, currently being $18,555. Asking price for 2-bed apartment also increased by 8.1% and a place of this size will now cost you $133,700. A 3-bed apartment goes for $203,166, it increased by 10.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 1.6% and made it up to $287,433.
Listing Type | Feb | vs Last Month |
---|---|---|
Houses for sale | $140,929 | +3.9% |
Duplexes for sale | $39,900 | +0% |
Price reports demonstrate that house price increased by 3.9% this month making it up to $140,929. An average value of duplex is $39,900, thus a median price for a duplex remains the same this month. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $11,750.