According to statistics, the population in Atlanta, GA amounts to 498,073, which shows growth 2% compared to the previous year. The median age of the city’s residents is 33. The average household income is $65,345, shifting growth 13% from the past year, and the average property value in Atlanta, GA decline 1% to $302,200 throughout the year.
|Number Of Employees||256,891|
|Median Property Value||$302,200|
The average household income in Atlanta, GA grew from $57,597 to $65,345 in the past year. This data is an estimate based upon 211,819 households in Atlanta, GA . The chart below presents how household income is distributed in Atlanta, GA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Atlanta, GA shifted from $299,400 to $302,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Atlanta, GA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Atlanta, GA 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 Atlanta, GA compared to median property taxes around the country. The prevalent amount of property taxes in Atlanta, GA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$699,646||-13.9%|
|1 bed for sale||$289,036||-6.3%|
|2 bed for sale||$420,583||+0.7%|
|3 bed for sale||$1,388,329||+179.6%|
|4+ bed for sale||$878,019||-4.4%|
During Jul 2022, the average price for an apartment in/near Atlanta, GA increased by 41.3% to $891,427.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 6.3% to $289,036. Asking price for 2-bed apartment also increased by 0.7% and a place of this size will now cost you $420,583. A 3-bed apartment goes for $1,388,329, it increased by 179.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.4% and made it down to $878,019.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$603,606||+13.5%|
|Houses for sale||$1,177,670||+56.7%|
|Condos for sale||$473,965||+7.7%|
|Other for sale||$524,736||-2.2%|
|Land for sale||$624,988||+56.5%|
|Duplexes for sale||$696,944||-14.5%|
|Apartments for sale||$13,781||N/A|
While assessing the property pricing Atlanta, GA, you can note that it remains flat with a price tag of $13,781. Price reports demonstrate that house price increased by 56.7% this month making it up to $1,177,670. Condos are really in demand in this season. The median price for a condo increased by 7.7%, it’s now available for $473,965. You can now purchase a duplex for just $696,944, duplex price decreased by 14.5% this month. The property value of townhouses increased by 13.5%, you’ll have to spend around $603,606 to get one.