According to statistics, the population in Arabi, LA amounts to 4,319, which shows decline -5% compared to the previous year. The median age of the city’s residents is 35. The average household income is $44,030, shifting growth 10% from the past year, and the average property value in Arabi, LA growth 4% to $139,600 throughout the year.
|Number Of Employees||1,899|
|Median Property Value||$139,600|
The average household income in Arabi, LA grew from $40,192 to $44,030 in the past year. This data is an estimate based upon 1,688 households in Arabi, LA . The chart below presents how household income is distributed in Arabi, LA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Arabi, LA shifted from $134,300 to $139,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Arabi, LA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Arabi, LA 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 Arabi, LA compared to median property taxes around the country. The prevalent amount of property taxes in Arabi, LA equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Arabi, LA decreased by 10.9% to $248,459.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $180,000. A 3-bed apartment goes for $332,054, it increased by 3.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 2.5% and made it down to $392,406.