According to statistics, the population in Commerce, GA amounts to 6,677, which shows growth 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $44,601, shifting growth 10% from the past year, and the average property value in Commerce, GA growth 7% to $104,800 throughout the year.
|Number Of Employees||2,709|
|Median Property Value||$104,800|
The average household income in Commerce, GA grew from $40,483 to $44,601 in the past year. This data is an estimate based upon 2,428 households in Commerce, GA . The chart below presents how household income is distributed in Commerce, GA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Commerce, GA shifted from $98,400 to $104,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Commerce, GA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Commerce, GA properties falls in the '$100,000 to $124,999' 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 Commerce, GA compared to median property taxes around the country. The prevalent amount of property taxes in Commerce, GA equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Commerce, GA decreased by 12.1% to $365,070.
Asking price for 2-bed apartment also decreased by 9.9% and a place of this size will now cost you $178,618. A 3-bed apartment goes for $288,734, it decreased by 20% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.6% and made it down to $512,920.
While assessing the property pricing Commerce, GA, you can note that it remains flat with a price tag of $305,000. Price reports demonstrate that house price decreased by 14.1% this month making it up to $380,254. Value of the townhouses didn’t change, the price still starts at $325,000.