According to statistics, the population in Colton, CA amounts to 54,200, which shows decline 1% compared to the previous year. The median age of the city’s residents is 30. The average household income is $47,256, shifting growth 7% from the past year, and the average property value in Colton, CA growth 12% to $212,100 throughout the year.
|Number Of Employees||22,564|
|Median Property Value||$212,100|
The average household income in Colton, CA grew from $43,966 to $47,256 in the past year. This data is an estimate based upon 16,393 households in Colton, CA . The chart below presents how household income is distributed in Colton, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Colton, CA shifted from $189,500 to $212,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Colton, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Colton, CA properties falls in the '$250,000 to $299,999' 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 Colton, CA compared to median property taxes around the country. The prevalent amount of property taxes in Colton, CA equals $3000, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$579,864||-9%|
During May 2023, the average price for an apartment in/near Colton, CA increased by 17.5% to $476,744.
The average price of the land for sale in Colton, CA has not changed significantly since last month, being $169,749. After collecting all data points, we now see that the average price for 1-bed apartment increased by 3.2% to $239,999. Asking price for 2-bed apartment also increased by 16.7% and a place of this size will now cost you $415,560. A 3-bed apartment goes for $467,237, it decreased by 1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 9% and made it down to $579,864.
|May||vs Last Month|
|Condos for sale||$239,999||-8.6%|
|Houses for sale||$489,204||-8.1%|
While assessing the property pricing Colton, CA, you can note that it remains flat with a price tag of $169,749. Price reports demonstrate that house price decreased by 8.1% this month making it up to $489,204. Condos faced an upward trend these days. The median price for a condo decreased by 8.6%, it’s now available for $239,999.