According to statistics, the population in Bowie, MD amounts to 58,290, which shows growth 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $108,637, shifting growth 2% from the past year, and the average property value in Bowie, MD growth 4% to $315,900 throughout the year.
|Number Of Employees||31,890|
|Median Property Value||$315,900|
The average household income in Bowie, MD grew from $106,098 to $108,637 in the past year. This data is an estimate based upon 20,499 households in Bowie, MD . The chart below presents how household income is distributed in Bowie, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bowie, MD shifted from $303,900 to $315,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bowie, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bowie, MD 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 Bowie, MD compared to median property taxes around the country. The prevalent amount of property taxes in Bowie, MD equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Bowie, MD decreased by 0.7% to $496,442.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 0.5% to $175,828. Asking price for 2-bed apartment also decreased by 0.1% and a place of this size will now cost you $281,847. A 3-bed apartment goes for $450,960, it increased by 3.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.7% and made it down to $572,512.
Price reports demonstrate that house price decreased by 2.6% this month making it up to $538,967. Condos faced an upward trend these days. The median price for a condo decreased by 0.3%, it’s now available for $367,235. The price dynamics of lofts changed, it increased by 5.6%, the price tag now starts at $511,663. The property value of townhouses decreased by 1.7%, you’ll have to spend around $433,409 to get one.