According to statistics, the population in China Spring, TX amounts to 1,183, which shows growth 6% compared to the previous year. The median age of the city’s residents is 38. The average household income is $49,402, shifting growth 4% from the past year, and the average property value in China Spring, TX growth 37% to $99,000 throughout the year.
|Number Of Employees||570|
|Median Property Value||$99,000|
The average household income in China Spring, TX grew from $47,500 to $49,402 in the past year. This data is an estimate based upon 389 households in China Spring, TX . The chart below presents how household income is distributed in China Spring, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in China Spring, TX shifted from $72,500 to $99,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in China Spring, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of China Spring, TX properties falls in the '$35,000 to $39,999' 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 China Spring, TX compared to median property taxes around the country. The prevalent amount of property taxes in China Spring, TX equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$1,497,335||N/A|
|2 bed for sale||$247,500||N/A|
|3 bed for sale||$349,792||-22.6%|
|4+ bed for sale||$609,100||-4.3%|
During Jul 2022, the average price for an apartment in/near China Spring, TX decreased by 0.6% to $528,567.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $1,497,335 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $247,500. A 3-bed apartment goes for $349,792, it decreased by 22.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.3% and made it down to $609,100.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$539,860||-14.8%|
|Land for sale||$199,900||-20.4%|
|Townhouses for sale||$619,500||N/A|
Price reports demonstrate that house price decreased by 14.8% this month making it up to $539,860. Value of the townhouses didn’t change, the price still starts at $619,500.