According to statistics, the population in Bayard, NM amounts to 2,571, which shows growth 3% compared to the previous year. The median age of the city’s residents is 38. The average household income is $35,617, shifting growth 9% from the past year, and the average property value in Bayard, NM decline -1% to $84,900 throughout the year.
|Number Of Employees||744|
|Median Property Value||$84,900|
The average household income in Bayard, NM grew from $32,583 to $35,617 in the past year. This data is an estimate based upon 1,012 households in Bayard, NM . The chart below presents how household income is distributed in Bayard, NM in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bayard, NM shifted from $85,900 to $84,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bayard, NM in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bayard, NM properties falls in the '$80,000 to $89,999' 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 Bayard, NM compared to median property taxes around the country. The prevalent amount of property taxes in Bayard, NM equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Bayard, NM decreased by 7.9% to $129,375.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $72,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $75,000. A 3-bed apartment goes for $143,750, it decreased by 20.1% lately. 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 $155,000 for a big-family home.
|Listing Type||Nov||vs Last Month|
|Houses for sale||$129,375||-7.9%|
Price reports demonstrate that house price decreased by 7.9% this month making it up to $129,375.