According to statistics, the population in Arlington, MA amounts to 44,992, which shows growth 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $103,594, shifting growth 6% from the past year, and the average property value in Arlington, MA growth 6% to $577,600 throughout the year.
|Number Of Employees||25,052|
|Median Property Value||$577,600|
The average household income in Arlington, MA grew from $98,103 to $103,594 in the past year. This data is an estimate based upon 18,632 households in Arlington, MA . The chart below presents how household income is distributed in Arlington, MA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Arlington, MA shifted from $546,800 to $577,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Arlington, MA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Arlington, MA properties falls in the '$500,000 to $749,999' range, which is higher 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 Arlington, MA compared to median property taxes around the country. The prevalent amount of property taxes in Arlington, MA equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Arlington, MA decreased by 12.2% to $917,785.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 7.8% to $355,000. Asking price for 2-bed apartment also decreased by 10.8% and a place of this size will now cost you $568,000. A 3-bed apartment goes for $888,293, it decreased by 2.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 17% and made it down to $1,179,988.
Price reports demonstrate that house price decreased by 12.4% this month making it up to $1,018,261. Condos faced an upward trend these days. The median price for a condo decreased by 12.8%, it’s now available for $808,175.