Median price for residential apartments in Burbank, WA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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5 Burbank, WA 99323, USA apartments for sale
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Burbank
According to statistics, the population in Burbank, WA amounts to 3,398, which shows growth 8% compared to the previous year. The median age of the city’s residents is 42. The average household income is $70,319, shifting growth 1% from the past year, and the average property value in Burbank, WA decline 0% to $171,900 throughout the year.
| Population | 3,398 |
| Median Age | 41.5 |
| Poverty Rate | 7% |
| Household Income | $70,319 |
| Number Of Employees | 1,398 |
| Median Property Value | $171,900 |
Household Income
The average household income in Burbank, WA grew from $69,432 to $70,319 in the past year. This data is an estimate based upon 1,210 households in Burbank, WA . The chart below presents how household income is distributed in Burbank, WA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Burbank, WA shifted from $172,400 to $171,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burbank, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burbank, WA properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Burbank, WA compared to median property taxes around the country. The prevalent amount of property taxes in Burbank, WA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Burbank, WA 99323, USA
Average apartment sale in Burbank: $485,725 (+13%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| 3-bed apartments | $436,950 | N/A |
| 4+ bed apartments | $534,500 | +24.3% |
During Jan 2023, the average price for an apartment in/near Burbank, WA increased by 13% to $485,725.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $436,950. We discerned the rise of 4- and more bed apartment price. It increased by 24.3% and made it up to $534,500.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $485,725 | +13% |
Price reports demonstrate that house price increased by 13% this month making it up to $485,725.
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