According to statistics, the population in Burien, WA amounts to 50,729, which shows growth 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $60,732, shifting growth 11% from the past year, and the average property value in Burien, WA growth 10% to $318,800 throughout the year.
|Number Of Employees||25,359|
|Median Property Value||$318,800|
The average household income in Burien, WA grew from $54,546 to $60,732 in the past year. This data is an estimate based upon 18,606 households in Burien, WA . The chart below presents how household income is distributed in Burien, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Burien, WA shifted from $290,500 to $318,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Burien, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Burien, WA 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 Burien, WA compared to median property taxes around the country. The prevalent amount of property taxes in Burien, WA equals $3000, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Burien, WA decreased by 14% to $723,329.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 5% to $329,983. Asking price for 2-bed apartment also increased by 0.8% and a place of this size will now cost you $556,209. A 3-bed apartment goes for $756,864, it decreased by 16.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.2% and made it up to $917,019.
Price reports demonstrate that house price decreased by 8.9% this month making it up to $834,680. Condos faced an upward trend these days. The median price for a condo decreased by 14.8%, it’s now available for $413,684. The price dynamics of lofts changed, it decreased by 27.5%, the price tag now starts at $399,000. Value of the townhouses didn’t change, the price still starts at $340,000.