According to statistics, the population in Big Bear Lake, CA amounts to 5,190, which shows decline 1% compared to the previous year. The median age of the city’s residents is 43. The average household income is $49,519, shifting growth 6% from the past year, and the average property value in Big Bear Lake, CA decline -1% to $380,900 throughout the year.
Population | 5,190 |
Median Age | 42.8 |
Poverty Rate | 16% |
Household Income | $49,519 |
Number Of Employees | 2,174 |
Median Property Value | $380,900 |
The average household income in Big Bear Lake, CA grew from $46,655 to $49,519 in the past year. This data is an estimate based upon 2,137 households in Big Bear Lake, CA . The chart below presents how household income is distributed in Big Bear Lake, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Big Bear Lake, CA shifted from $384,100 to $380,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Big Bear Lake, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Big Bear Lake, CA 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 Big Bear Lake, CA compared to median property taxes around the country. The prevalent amount of property taxes in Big Bear Lake, CA equals $3000, which is less than the national average.
Apartment Size |
May | vs Last Month |
---|---|---|
Studio apartments | $165,000 | -82% |
1-bed apartments | $457,000 | +0.6% |
2-bed apartments | $522,100 | -10.8% |
3-bed apartments | $904,316 | +4% |
4+ bed apartments | $1,676,800 | +84.5% |
During May 2023, the average price for an apartment in/near Big Bear Lake, CA increased by 11.7% to $883,401.
Knowing the current property prices is key if you plan to buy a studio in Big Bear Lake, CA. The average price for a studio has decreased since the last month, currently being $165,000. After collecting all data points, we now see that the average price for 1-bed apartment increased by 0.6% to $457,000. Asking price for 2-bed apartment also decreased by 10.8% and a place of this size will now cost you $522,100. A 3-bed apartment goes for $904,316, it increased by 4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 84.5% and made it up to $1,676,800.
Listing Type |
May | vs Last Month |
---|---|---|
Houses for sale | $914,464 | +12% |
Condos for sale | $419,450 | -0.2% |
Apartments for sale | $165,000 | -54.8% |
The average cost of an apartment in Big Bear Lake, CA decreased by 54.8% to $165,000. Price reports demonstrate that house price increased by 12% this month making it up to $914,464. Condos faced an upward trend these days. The median price for a condo decreased by 0.2%, it’s now available for $419,450.