According to statistics, the population in Brownwood, TX amounts to 18,841, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $38,277, shifting growth 5% from the past year, and the average property value in Brownwood, TX growth 12% to $91,200 throughout the year.
|Number Of Employees||7,699|
|Median Property Value||$91,200|
The average household income in Brownwood, TX grew from $36,484 to $38,277 in the past year. This data is an estimate based upon 6,835 households in Brownwood, TX . The chart below presents how household income is distributed in Brownwood, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Brownwood, TX shifted from $81,100 to $91,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Brownwood, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Brownwood, TX properties falls in the '$100,000 to $124,999' 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 Brownwood, TX compared to median property taxes around the country. The prevalent amount of property taxes in Brownwood, TX equals $800, which is less than the national average.
|Apartment Size||May||vs Last Month|
|1 bed for sale||$462,500||-61.5%|
|2 bed for sale||$89,920||-12.6%|
|3 bed for sale||$244,788||-9.4%|
|4+ bed for sale||$304,156||-18.7%|
During May 2022, the average price for an apartment in/near Brownwood, TX decreased by 4.9% to $237,137.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $462,500 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $89,920. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $244,788. 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 $304,156 for a big-family home.
|Listing Type||May||vs Last Month|
|Apartments for sale||$767,860||N/A|
|Houses for sale||$272,472||+19.7%|
|Duplexes for sale||$115,000||N/A|
|Other for sale||$801,814||N/A|
|Lofts for sale||$310,000||N/A|
|Land for sale||$210,676||N/A|
While assessing the property pricing Brownwood, TX, you can note that it remains flat with a price tag of $767,860. According to statistics, average house is still $272,472 with no significant changes this month. An average value of duplex is $115,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $310,000.