According to statistics, the population in Downingtown, PA amounts to 7,961, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $62,463, shifting growth 4% from the past year, and the average property value in Downingtown, PA decline 0% to $222,000 throughout the year.
|Number Of Employees||4,763|
|Median Property Value||$222,000|
The average household income in Downingtown, PA grew from $60,130 to $62,463 in the past year. This data is an estimate based upon 3,309 households in Downingtown, PA . The chart below presents how household income is distributed in Downingtown, PA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Downingtown, PA shifted from $221,400 to $222,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Downingtown, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Downingtown, PA 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 Downingtown, PA compared to median property taxes around the country. The prevalent amount of property taxes in Downingtown, PA equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Downingtown, PA decreased by 36.5% to $323,705.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $115,000 with no changes this month. A 3-bed apartment goes for $258,223, it decreased by 35.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.9% and made it down to $602,000.
Price reports demonstrate that house price decreased by 7.5% this month making it up to $602,000. Condos faced an upward trend these days. The median price for a condo decreased by 20.8%, it’s now available for $305,960. The price statistics of lofts have not significantly changed, it now still goes for $625,000. The property value of townhouses decreased by 34.5%, you’ll have to spend around $238,333 to get one.