According to statistics, the population in Beverly, MA amounts to 41,431, which shows growth 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $77,893, shifting growth 5% from the past year, and the average property value in Beverly, MA growth 4% to $392,900 throughout the year.
|Number Of Employees||22,418|
|Median Property Value||$392,900|
The average household income in Beverly, MA grew from $73,839 to $77,893 in the past year. This data is an estimate based upon 16,408 households in Beverly, MA . The chart below presents how household income is distributed in Beverly, MA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Beverly, MA shifted from $378,100 to $392,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Beverly, MA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Beverly, MA properties falls in the '$300,000 to $399,999' 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, MA compared to median property taxes around the country. The prevalent amount of property taxes in Beverly, MA equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed for sale||$425,975||-23.3%|
|3 bed for sale||$694,000||-28.7%|
|4+ bed for sale||$1,431,963||-67.4%|
During Aug 2022, the average price for an apartment in/near Beverly, MA decreased by 9% to $1,108,441.
Asking price for 2-bed apartment also decreased by 23.3% and a place of this size will now cost you $425,975. A 3-bed apartment goes for $694,000, it decreased by 28.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 67.4% and made it down to $1,431,963.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$1,465,870||-2.2%|
|Condos for sale||$517,180||-31%|
|Duplexes for sale||$699,000||N/A|
|Land for sale||$899,900||N/A|
Price reports demonstrate that house price decreased by 2.2% this month making it up to $1,465,870. Condos faced an upward trend these days. The median price for a condo decreased by 31%, it’s now available for $517,180. An average value of duplex is $699,000, thus a median price for a duplex remains the same this month.