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According to statistics, the population in Wellston, MI amounts to 265, which shows growth 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $38,889, shifting growth 19% from the past year, and the average property value in Wellston, MI growth 16% to $54,600 throughout the year.
|Number Of Employees||85|
|Median Property Value||$54,600|
The average household income in Wellston, MI grew from $32,578 to $38,889 in the past year. This data is an estimate based upon 106 households in Wellston, MI . The chart below presents how household income is distributed in Wellston, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Wellston, MI shifted from $47,000 to $54,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Wellston, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Wellston, MI properties falls in the '$40,000 to $49,999' 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 Wellston, MI compared to median property taxes around the country. The prevalent amount of property taxes in Wellston, MI equals $800, which is less than the national average.
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