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The District of Columbia has the lowest rate of homeownership, at 40.3%. California, New York, and Hawaii are among the states with the highest housing prices and the lowest levels of homeownership. On the other hand, states with relatively low housing costs tend to have higher levels of homeownership.
The chart underneath the paragraph shows the property taxes in Moscow, ID compared to it's parent and neighbor geographies. This chart illustrates the share breakdown of the primary jobs held by residents of Moscow, ID. Most people in Moscow, ID drove alone to work, and the average commute time was 15.6 minutes. The average car ownership in Moscow, ID was 2 cars per household. In 2020, the median property value in Moscow, ID was $240,500, and the homeownership rate was 39.3%.
How hot is the Moscow housing market?
Homeownership in the state is slightly higher than the national average, with 66.5% of residents owning their homes. Utah has the largest homes in the nation, with an average house measuring 2,305, nearly 50% more than the national average. However, homeownership rates are higher than the national average, with 70.3% of residents owning their homes. Colorado's homes are among the nation's largest, with the average home measuring 2,126 square feet. Colorado's homeownership rate is 67% higher than the national average despite the high home costs. A typical home in Washington state is 1,903 square feet and costs $595,723.
The District of Columbia has the country's third-highest home prices and its lowest homeownership rate. Those looking to buy, can expect to pay $701,895 for a typical 1,440 square foot home. Single-family detached homes are the single most common housing type in Moscow, accounting for 38.51% of the city's housing units. The median property value in Moscow, ID was $240,500 in 2020, which is 1.05 times larger than the national average of $229,800. Between 2019 and 2020 the median property value increased from $229,900 to $240,500, a 4.61% increase. The homeownership rate in Moscow, ID is 39.3%, which is approximately the same as the national average of 64.4%.
What is the cost of living in Moscow, ID?
However, despite the high housing costs, Washington State residents enjoy one of the country's best qualities of living. In the last 10 years, Moscow has experienced some of the highest home appreciation rates of any community in the nation. Moscow real estate appreciated 104.52% over the last ten years, which is an average annual home appreciation rate of 7.42%, putting Moscow in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Moscow definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Oregon's homeownership rate, at 64.3%, is slightly lower than the national average. Home sizes are also slightly below average, with a typical unit measuring 1,780 square feet.
Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data. The data reflect appreciation rates for the neighborhood overall, not necessarily each individual house in the neighborhood. Unsurprisingly, areas with higher housing prices tend to have lower homeownership rates. According to the latest census data, 65.4% of U.S. households own their home.
Moscow, ID HOME PRICES
Primary care physicians in Latah County, ID see an average of 1,216 patients per year. Per capita personal health care spending in Idaho was $6,927 in 2014. The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty. This chart shows the percentage of owner in Moscow, ID compared it's parent and neighboring geographies.
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more. The percentage of housing units in the city that are occupied by the property owner versus occupied by a tenant . Currently, there are 45 homes listed in Moscow which include 8 condos, 0 foreclosures. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days.
This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Moscow, ID according to their major. In 2020 there were 11,023 students enrolled in Moscow, ID, 49.1% men and 50.9% women. Males in Idaho have an average income that is 1.42 times higher than the average income of females, which is $43,243. The income inequality in Idaho is 0.469, which is lower than than the national average.
In 2020, there were 22.4 times more White (Non-Hispanic) residents in Moscow, ID than any other race or ethnicity. There were 984 Two+ (Non-Hispanic) and 773 White residents, the second and third most common ethnic groups. Moscow, ID is home to a population of 25.7k people, from which 96% are citizens. As of 2020, 6.6% of Moscow, ID residents were born outside of the country (1.69k people). Compared to only Idaho, Moscow has a cost of living index that's 1.1x higher than Idaho's index of 94.
The typical home in Idaho costs $466,435 and measures 1,932 square feet. However, homeownership is also high, with 70.4% of residents owning their homes. Appreciation rates are so strong in Moscow that despite a nationwide downturn in the housing market, Moscow real estate has continued to appreciate in value faster than most communities. Based on the last twelve months, short-term real estate investors have found good fortune in Moscow. Moscow appreciation rates in the latest quarter were at 0.62%, which equates to an annual appreciation rate of 2.52%.
The homeownership rate is also among the highest in the nation, at 74.8%. However, Mississippi also has the nation's highest poverty rate, with a fifth of its inhabitants living below the poverty line. Enhanced Cost of Living CalculatorNow includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium. The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $465,300. The predominate size of homes in the city based on the number of bedrooms.
Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. West Virginia boasts the country's lowest housing costs and its highest rates of homeownership. However, the state also consistently ranks among the worst states to live. The median home in Hawaii is smaller than the national average while costing a great deal more. The median home in Hawaii is 1,300 square feet, approximately 70% of the national median of 1,800 square feet. The median price for a typical home in Hawaii is $848,926, more than twice the national average.
Relative to Idaho, our data show that Moscow's latest annual appreciation rate is lower than 70% of the other cities and towns in Idaho. The BestPlaces cost of living index is the most accurate and complete available because we add many new categories to the current and historical systems. The chart below shows how the median household income in Moscow, ID compares to that of it's neighboring and parent geographies.
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. Notably, Moscow's appreciation rate in the latest quarter is one of the lowest in America. The following chart shows how the number of patients seen by primary care physicians has been changing over time in Latah County, ID in comparison to its neighboring geographies. Primary care physicians in Latah County, ID see 1216 patients per year on average, which represents a 14.4% increase from the previous year . Compare this to dentists who see 2228 patients per year, and mental health providers who see 608 patients per year.
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