According to statistics, the population in Big Wells, TX amounts to 826, which shows growth 14% compared to the previous year. The median age of the city’s residents is 46. The average household income is $18,884, shifting decline -19% from the past year, and the average property value in Big Wells, TX decline -2% to $43,200 throughout the year.
Population | 826 |
Median Age | 45.9 |
Poverty Rate | 44% |
Household Income | $18,884 |
Number Of Employees | 243 |
Median Property Value | $43,200 |
The average household income in Big Wells, TX declined from $23,333 to $18,884 in the past year. This data is an estimate based upon 241 households in Big Wells, TX . The chart below presents how household income is distributed in Big Wells, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Big Wells, TX shifted from $44,300 to $43,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Big Wells, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Big Wells, TX properties falls in the '$40,000 to $49,999' 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 Big Wells, TX compared to median property taxes around the country. The prevalent amount of property taxes in Big Wells, TX equals $800, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $40,000 | +15.7% |
3-bed apartments | $129,999 | +0% |
During March 2023, the average price for an apartment in/near Big Wells, TX increased by 0.7% to $99,999.
Knowing the current property prices is key if you plan to buy a studio in Big Wells, TX. The average price for a studio has increased since the last month, currently being $40,000. After collecting all data points, we now see that the average price for 1-bed apartment stands at $179,900 with no changes this month. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $129,999.
Listing Type | Feb | vs Last Month |
---|---|---|
Land for sale | $40,000 | +15.7% |
Houses for sale | $129,999 | -3.4% |
Price reports demonstrate that house price decreased by 3.4% this month making it up to $129,999. The average price of the land for sale in Big Wells, TX has increased by 15.7%, and now equals $40,000.