According to statistics, the population in Cupertino, CA amounts to 60,687, which shows decline 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $153,449, shifting growth 4% from the past year, and the average property value in Cupertino, CA growth 13% to $1,372,800 throughout the year.
|Number Of Employees||26,996|
|Median Property Value||$1,372,800|
The average household income in Cupertino, CA grew from $147,929 to $153,449 in the past year. This data is an estimate based upon 20,715 households in Cupertino, CA . The chart below presents how household income is distributed in Cupertino, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cupertino, CA shifted from $1,214,300 to $1,372,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cupertino, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cupertino, CA properties falls in the '$1,000,000 to $1,499,999' 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 Cupertino, CA compared to median property taxes around the country. The prevalent amount of property taxes in Cupertino, CA equals $3000, which is less than the national average.
|Apartment Size||Feb||vs Last Month|
|4+ bed apartments||$3,116,891||+11.5%|
During March 2023, the average price for an apartment in/near Cupertino, CA increased by 7.2% to $2,315,912.
Asking price for 2-bed apartment also increased by 9.3% and a place of this size will now cost you $1,175,452. A 3-bed apartment goes for $2,013,539, it decreased by 1.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 11.5% and made it up to $3,116,891.
|Listing Type||Feb||vs Last Month|
|Townhouses for sale||$1,075,000||+0%|
|Houses for sale||$2,973,047||+4.3%|
|Condos for sale||$1,195,205||+2.7%|
|Duplexes for sale||$2,499,000||+0%|
Price reports demonstrate that house price increased by 4.3% this month making it up to $2,973,047. Condos are really in demand in this season. The median price for a condo increased by 2.7%, it’s now available for $1,195,205. An average value of duplex is $2,499,000, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $1,075,000.