According to statistics, the population in Augusta, ME amounts to 18,626, which shows decline 0% compared to the previous year. The median age of the city’s residents is 45. The average household income is $40,181, shifting decline -1% from the past year, and the average property value in Augusta, ME growth 3% to $142,600 throughout the year.
|Number Of Employees||8,789|
|Median Property Value||$142,600|
The average household income in Augusta, ME declined from $40,555 to $40,181 in the past year. This data is an estimate based upon 8,544 households in Augusta, ME . The chart below presents how household income is distributed in Augusta, ME in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Augusta, ME shifted from $138,900 to $142,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Augusta, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Augusta, ME properties falls in the '$150,000 to $174,999' 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 Augusta, ME compared to median property taxes around the country. The prevalent amount of property taxes in Augusta, ME equals $2500, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$96,745||-59.5%|
|1 bed for sale||$115,000||N/A|
|2 bed for sale||$260,668||+27.5%|
|3 bed for sale||$321,655||-12.8%|
|4+ bed for sale||$215,925||-47.1%|
During Aug 2022, the average price for an apartment in/near Augusta, ME decreased by 16.5% to $273,389.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $115,000 with no changes this month. Asking price for 2-bed apartment also increased by 27.5% and a place of this size will now cost you $260,668. A 3-bed apartment goes for $321,655, it decreased by 12.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 47.1% and made it down to $215,925.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$215,000||N/A|
|Condos for sale||$230,000||-16.1%|
|Land for sale||$211,776||+187.2%|
|Houses for sale||$297,038||-21.6%|
|Duplexes for sale||$238,725||N/A|
|Apartments for sale||$96,745||N/A|
While assessing the property pricing Augusta, ME, you can note that it remains flat with a price tag of $96,745. Price reports demonstrate that house price decreased by 21.6% this month making it up to $297,038. Condos faced an upward trend these days. The median price for a condo decreased by 16.1%, it’s now available for $230,000. An average value of duplex is $238,725, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $215,000.