According to statistics, the population in Bay City, TX amounts to 17,487, which shows decline 0% compared to the previous year. The median age of the city’s residents is 33. The average household income is $45,482, shifting growth 10% from the past year, and the average property value in Bay City, TX decline -5% to $91,800 throughout the year.
|Number Of Employees||7,777|
|Median Property Value||$91,800|
The average household income in Bay City, TX grew from $41,298 to $45,482 in the past year. This data is an estimate based upon 6,257 households in Bay City, TX . The chart below presents how household income is distributed in Bay City, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bay City, TX shifted from $97,000 to $91,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bay City, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bay City, TX 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 Bay City, TX compared to median property taxes around the country. The prevalent amount of property taxes in Bay City, TX equals $2500, which is less than the national average.
|Apartment Size||Jun||vs Last Month|
|Studio for sale||$160,000||N/A|
|2 bed for sale||$114,900||N/A|
|3 bed for sale||$186,326||-34.9%|
|4+ bed for sale||$338,306||+21.7%|
During Jun 2022, the average price for an apartment in/near Bay City, TX decreased by 6.8% to $242,948.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $114,900. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $186,326. 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 $338,306 for a big-family home.
|Listing Type||Jun||vs Last Month|
|Townhouses for sale||$720,000||N/A|
|Houses for sale||$239,711||-4%|
|Condos for sale||$175,000||N/A|
|Land for sale||$264,959||-0.2%|
According to statistics, average house is still $239,711 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $175,000. Value of the townhouses didn’t change, the price still starts at $720,000.