According to statistics, the population in Avalon, NJ amounts to 1,424, which shows decline 0% compared to the previous year. The median age of the city’s residents is 65. The average household income is $90,000, shifting growth 9% from the past year, and the average property value in Avalon, NJ decline -1% to $1,050,700 throughout the year.
Population | 1,424 |
Median Age | 64.8 |
Poverty Rate | 5% |
Household Income | $90,000 |
Number Of Employees | 547 |
Median Property Value | $1,050,700 |
The average household income in Avalon, NJ grew from $82,768 to $90,000 in the past year. This data is an estimate based upon 738 households in Avalon, NJ . The chart below presents how household income is distributed in Avalon, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Avalon, NJ shifted from $1,060,800 to $1,050,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Avalon, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Avalon, NJ properties falls in the '$750,000 to $999,999' 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 Avalon, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Avalon, NJ equals $3000, which is less than the national average.
Apartment Size | Jul | vs Last Month |
---|---|---|
1 bed for sale | $445,500 | +0.4% |
2 bed for sale | $799,000 | N/A |
3 bed for sale | $1,592,500 | -10.3% |
4+ bed for sale | $4,318,571 | -1.7% |
During Jul 2022, the average price for an apartment in/near Avalon, NJ increased by 0.7% to $3,585,333.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 0.4% to $445,500. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $799,000. A 3-bed apartment goes for $1,592,500, it decreased by 10.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.7% and made it down to $4,318,571.
Listing Type | Jul | vs Last Month |
---|---|---|
Condos for sale | $1,474,200 | -29.2% |
Houses for sale | $4,865,000 | -6.1% |
Other for sale | $2,525,000 | N/A |
Townhouses for sale | $3,395,000 | +14.3% |
Land for sale | $3,195,000 | N/A |
Price reports demonstrate that house price decreased by 6.1% this month making it up to $4,865,000. Condos faced an upward trend these days. The median price for a condo decreased by 29.2%, it’s now available for $1,474,200. The property value of townhouses increased by 14.3%, you’ll have to spend around $3,395,000 to get one.