According to statistics, the population in Bear, DE amounts to 20,401, which shows growth 3% compared to the previous year. The median age of the city’s residents is 36. The average household income is $71,093, shifting growth 7% from the past year, and the average property value in Bear, DE growth 11% to $200,600 throughout the year.
|Number Of Employees||10,156|
|Median Property Value||$200,600|
The average household income in Bear, DE grew from $66,250 to $71,093 in the past year. This data is an estimate based upon 7,110 households in Bear, DE . The chart below presents how household income is distributed in Bear, DE in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bear, DE shifted from $180,000 to $200,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bear, DE in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bear, DE properties falls in the '$200,000 to $249,999' 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 Bear, DE compared to median property taxes around the country. The prevalent amount of property taxes in Bear, DE equals $1750, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Bear, DE increased by 3.3% to $371,825.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $280,740. A 3-bed apartment goes for $328,923, it decreased by 2.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.1% and made it up to $420,694.
While assessing the property pricing Bear, DE, you can note that it remains flat with a price tag of $49,900. Price reports demonstrate that house price increased by 13.6% this month making it up to $396,027. Condos faced an upward trend these days. The median price for a condo decreased by 40.1%, it’s now available for $240,000. The price dynamics of lofts changed, it decreased by 18%, the price tag now starts at $355,000. The property value of townhouses increased by 17.4%, you’ll have to spend around $382,500 to get one.