According to statistics, the population in Cedar Park, TX amounts to 70,010, which shows growth 10% compared to the previous year. The median age of the city’s residents is 35. The average household income is $96,612, shifting growth 10% from the past year, and the average property value in Cedar Park, TX growth 12% to $258,200 throughout the year.
|Number Of Employees||35,485|
|Median Property Value||$258,200|
The average household income in Cedar Park, TX grew from $87,466 to $96,612 in the past year. This data is an estimate based upon 22,409 households in Cedar Park, TX . The chart below presents how household income is distributed in Cedar Park, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cedar Park, TX shifted from $230,900 to $258,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cedar Park, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cedar Park, TX 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 Cedar Park, TX compared to median property taxes around the country. The prevalent amount of property taxes in Cedar Park, TX equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$133,500||-58.1%|
|2 bed for sale||$374,997||+1.2%|
|3 bed for sale||$475,025||-15.3%|
|4+ bed for sale||$657,176||-12.8%|
During Jul 2022, the average price for an apartment in/near Cedar Park, TX decreased by 15.8% to $561,995.
Asking price for 2-bed apartment also increased by 1.2% and a place of this size will now cost you $374,997. A 3-bed apartment goes for $475,025, it decreased by 15.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 12.8% and made it down to $657,176.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$318,333||N/A|
|Condos for sale||$592,450||+27.4%|
|Houses for sale||$564,611||-19%|
|Land for sale||$259,000||-35.1%|
|Townhouses for sale||$600,000||N/A|
While assessing the property pricing Cedar Park, TX, you can note that it remains flat with a price tag of $318,333. Price reports demonstrate that house price decreased by 19% this month making it up to $564,611. Condos are really in demand in this season. The median price for a condo increased by 27.4%, it’s now available for $592,450. Value of the townhouses didn’t change, the price still starts at $600,000.