According to statistics, the population in Winchester, IN amounts to 5,061, which shows growth 2% compared to the previous year. The median age of the city’s residents is 38. The average household income is $42,415, shifting growth 13% from the past year, and the average property value in Winchester, IN growth 4% to $72,400 throughout the year.
|Number Of Employees||2,295|
|Median Property Value||$72,400|
The average household income in Winchester, IN grew from $37,448 to $42,415 in the past year. This data is an estimate based upon 2,103 households in Winchester, IN . The chart below presents how household income is distributed in Winchester, IN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Winchester, IN shifted from $69,500 to $72,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Winchester, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Winchester, IN properties falls in the '$60,000 to $69,999' 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 Winchester, IN compared to median property taxes around the country. The prevalent amount of property taxes in Winchester, IN equals $800, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Winchester, IN decreased by 2.8% to $100,621.
Knowing the current property prices is key if you plan to buy a studio in Winchester, IN. The average price for a studio has decreased since the last month, currently being $34,500. Asking price for 2-bed apartment also decreased by 1.3% and a place of this size will now cost you $76,000. A 3-bed apartment goes for $122,833, it increased by 4.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 26.5% and made it down to $94,900.
|Listing Type||Dec||vs Last Month|
|Houses for sale||$105,518||-0.1%|
|Land for sale||$34,500||-1.4%|
Price reports demonstrate that house price decreased by 0.1% this month making it up to $105,518. The average price of the land for sale in Winchester, IN has decreased by 1.4%, and now equals $34,500.