According to statistics, the population in Babson Park, FL amounts to 1,399, which shows decline -1% compared to the previous year. The median age of the city’s residents is 26. The average household income is $52,955, shifting growth 35% from the past year, and the average property value in Babson Park, FL growth 11% to $117,900 throughout the year.
|Number Of Employees||359|
|Median Property Value||$117,900|
The average household income in Babson Park, FL grew from $39,135 to $52,955 in the past year. This data is an estimate based upon 374 households in Babson Park, FL . The chart below presents how household income is distributed in Babson Park, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Babson Park, FL shifted from $106,300 to $117,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Babson Park, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Babson Park, FL 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 Babson Park, FL compared to median property taxes around the country. The prevalent amount of property taxes in Babson Park, FL equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|2 bed for sale||$225,000||N/A|
|3 bed for sale||$332,842||-12.6%|
|4+ bed for sale||$128,300||+9.2%|
During Jul 2022, the average price for an apartment in/near Babson Park, FL decreased by 8.1% to $271,480.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $225,000. A 3-bed apartment goes for $332,842, it decreased by 12.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 9.2% and made it up to $128,300.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$329,497||N/A|
|Houses for sale||$314,987||-14.3%|
|Land for sale||$97,450||-17.1%|
Price reports demonstrate that house price decreased by 14.3% this month making it up to $314,987. Value of the townhouses didn’t change, the price still starts at $329,497.