According to statistics, the population in Delray Beach, FL amounts to 66,453, which shows growth 2% compared to the previous year. The median age of the city’s residents is 46. The average household income is $53,233, shifting growth 3% from the past year, and the average property value in Delray Beach, FL growth 16% to $240,800 throughout the year.
|Number Of Employees||32,184|
|Median Property Value||$240,800|
The average household income in Delray Beach, FL grew from $51,829 to $53,233 in the past year. This data is an estimate based upon 27,270 households in Delray Beach, FL . The chart below presents how household income is distributed in Delray Beach, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Delray Beach, FL shifted from $207,100 to $240,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Delray Beach, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Delray Beach, FL 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 Delray Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Delray Beach, FL equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$964,999||+781.7%|
|1 bed for sale||$217,148||+1%|
|2 bed for sale||$425,680||+26.7%|
|3 bed for sale||$1,008,830||+15.2%|
|4+ bed for sale||$2,942,122||+37.1%|
During Aug 2022, the average price for an apartment in/near Delray Beach, FL increased by 36.2% to $1,076,948.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1% to $217,148. Asking price for 2-bed apartment also increased by 26.7% and a place of this size will now cost you $425,680. A 3-bed apartment goes for $1,008,830, it increased by 15.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 37.1% and made it up to $2,942,122.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$363,102||-21.7%|
|Apartments for sale||$130,000||+18.8%|
|Lofts for sale||$2,750,000||+65.6%|
|Houses for sale||$1,876,128||+27.3%|
|Condos for sale||$559,337||+73.6%|
|Land for sale||$777,171||-67.8%|
|Other for sale||$155,000||-44.5%|
|Duplexes for sale||$1,034,725||N/A|
The average cost of an apartment in Delray Beach, FL rised by 18.8% to $130,000. Price reports demonstrate that house price increased by 27.3% this month making it up to $1,876,128. Condos are really in demand in this season. The median price for a condo increased by 73.6%, it’s now available for $559,337. An average value of duplex is $1,034,725, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it increased by 65.6%, the price tag now starts at $2,750,000. The property value of townhouses decreased by 21.7%, you’ll have to spend around $363,102 to get one.