According to statistics, the population in Balch Springs, TX amounts to 25,236, which shows decline 1% compared to the previous year. The median age of the city’s residents is 27. The average household income is $45,308, shifting growth 8% from the past year, and the average property value in Balch Springs, TX growth 3% to $85,900 throughout the year.
|Number Of Employees||10,415|
|Median Property Value||$85,900|
The average household income in Balch Springs, TX grew from $41,983 to $45,308 in the past year. This data is an estimate based upon 6,524 households in Balch Springs, TX . The chart below presents how household income is distributed in Balch Springs, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Balch Springs, TX shifted from $83,000 to $85,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Balch Springs, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Balch Springs, TX properties falls in the '$70,000 to $79,999' 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 Balch Springs, TX compared to median property taxes around the country. The prevalent amount of property taxes in Balch Springs, TX equals $800, which is less than the national average.
|Apartment Size||May||vs Last Month|
|2 bed for sale||$202,475||-16.5%|
|3 bed for sale||$226,793||-19.4%|
|4+ bed for sale||$255,572||-36.2%|
During May 2022, the average price for an apartment in/near Balch Springs, TX decreased by 26.1% to $236,299.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $202,475. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $226,793. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $255,572 for a big-family home.
|Listing Type||May||vs Last Month|
|Houses for sale||$238,612||-25.4%|
|Land for sale||$228,292||N/A|
According to statistics, average house is still $238,612 with no significant changes this month.