According to statistics, the population in Dover, DE amounts to 37,109, which shows decline -1% compared to the previous year. The median age of the city’s residents is 30. The average household income is $49,738, shifting growth 7% from the past year, and the average property value in Dover, DE growth 2% to $174,900 throughout the year.
Population | 37,109 |
Median Age | 29.9 |
Poverty Rate | 19% |
Household Income | $49,738 |
Number Of Employees | 16,408 |
Median Property Value | $174,900 |
The average household income in Dover, DE grew from $46,355 to $49,738 in the past year. This data is an estimate based upon 13,427 households in Dover, DE . The chart below presents how household income is distributed in Dover, DE in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Dover, DE shifted from $172,000 to $174,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Dover, DE in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Dover, DE properties falls in the '$200,000 to $249,999' 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 Dover, DE compared to median property taxes around the country. The prevalent amount of property taxes in Dover, DE equals $1150, which is less than the national average.
Apartment Size | Jul | vs Last Month |
---|---|---|
Studio for sale | $509,900 | +101.5% |
1 bed for sale | $163,999 | N/A |
2 bed for sale | $228,149 | +44.9% |
3 bed for sale | $315,863 | +6% |
4+ bed for sale | $415,973 | -5.4% |
During Jul 2022, the average price for an apartment in/near Dover, DE increased by 0.7% to $348,294.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $163,999 with no changes this month. Asking price for 2-bed apartment also increased by 44.9% and a place of this size will now cost you $228,149. A 3-bed apartment goes for $315,863, it increased by 6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.4% and made it down to $415,973.
Listing Type | Jul | vs Last Month |
---|---|---|
Townhouses for sale | $270,594 | -2.5% |
Apartments for sale | $152,500 | N/A |
Houses for sale | $378,840 | -5.1% |
Condos for sale | $259,913 | +7% |
Land for sale | $296,666 | +90.6% |
While assessing the property pricing Dover, DE, you can note that it remains flat with a price tag of $152,500. Price reports demonstrate that house price decreased by 5.1% this month making it up to $378,840. Condos are really in demand in this season. The median price for a condo increased by 7%, it’s now available for $259,913. The property value of townhouses decreased by 2.5%, you’ll have to spend around $270,594 to get one.