According to statistics, the population in Cape Charles, VA amounts to 1,067, which shows growth 9% compared to the previous year. The median age of the city’s residents is 58. The average household income is $48,500, shifting decline -3% from the past year, and the average property value in Cape Charles, VA decline -2% to $332,400 throughout the year.
|Number Of Employees||374|
|Median Property Value||$332,400|
The average household income in Cape Charles, VA declined from $49,792 to $48,500 in the past year. This data is an estimate based upon 556 households in Cape Charles, VA . The chart below presents how household income is distributed in Cape Charles, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cape Charles, VA shifted from $338,300 to $332,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cape Charles, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cape Charles, VA 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 Cape Charles, VA compared to median property taxes around the country. The prevalent amount of property taxes in Cape Charles, VA equals $3000, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Cape Charles, VA decreased by 29.2% to $288,938.
Asking price for 2-bed apartment also decreased by 3.3% and a place of this size will now cost you $410,800. A 3-bed apartment goes for $735,000, it increased by 14.9% lately. 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 $1,240,142 for a big-family home.
Price reports demonstrate that house price decreased by 51.3% this month making it up to $488,167. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $595,000.