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According to statistics, the population in Beverly Hills, CA amounts to 34,506, which shows decline 0% compared to the previous year. The median age of the city’s residents is 43. The average household income is $103,698, shifting growth 3% from the past year, and the average property value in Beverly Hills, CA growth 5% to $2,000,001 throughout the year.
|Number Of Employees||16,838|
|Median Property Value||$2,000,001|
The average household income in Beverly Hills, CA grew from $100,630 to $103,698 in the past year. This data is an estimate based upon 14,902 households in Beverly Hills, CA . The chart below presents how household income is distributed in Beverly Hills, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Beverly Hills, CA shifted from $1,900,500 to $2,000,001 throughout the year. The subsequent graph indicates the share of properties in the given price range in Beverly Hills, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Beverly Hills, CA properties falls in the '$2,000,000 or More' range, which is higher 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 Beverly Hills, CA compared to median property taxes around the country. The prevalent amount of property taxes in Beverly Hills, CA equals $3000, which is less than the national average.
|Apartment Size||Jun||vs Last Month|
|1 bed apartments||$849,999||+21.5%|
|2 bed apartments||$1,268,000||-19.3%|
|4+ bed apartments||$5,697,500||-53.1%|
During Jun 2021, the average price for an apartment in/near Beverly Hills, CA decreased by 32.7% to $3,378,249.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $849,999 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $1,268,000. 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 $5,697,500 for a big-family home.
|Listing Type||Jun||vs Last Month|
|Houses for sale||$8,900,000||-14.1%|
|Condos for sale||$1,058,999||-64.9%|
|Apartments for sale||$2,495,000||N/A|
While assessing the property pricing Beverly Hills, CA, you can note that it remains flat with a price tag of $2,495,000. According to statistics, average house is still $8,900,000 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $1,058,999.
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