According to statistics, the population in Elkins, WV amounts to 7,154, which shows decline -1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $39,470, shifting decline 0% from the past year, and the average property value in Elkins, WV growth 9% to $113,900 throughout the year.
|Number Of Employees||3,318|
|Median Property Value||$113,900|
The average household income in Elkins, WV grew from $39,320 to $39,470 in the past year. This data is an estimate based upon 2,983 households in Elkins, WV . The chart below presents how household income is distributed in Elkins, WV in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Elkins, WV shifted from $104,500 to $113,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elkins, WV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elkins, WV properties falls in the '$125,000 to $149,999' 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 Elkins, WV compared to median property taxes around the country. The prevalent amount of property taxes in Elkins, WV equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$295,000||+145.8%|
|2 bed for sale||$129,900||+642.3%|
|3 bed for sale||$202,500||+43%|
|4+ bed for sale||$187,955||-40.3%|
During Jul 2022, the average price for an apartment in/near Elkins, WV decreased by 9% to $192,836.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 145.8% to $295,000. Asking price for 2-bed apartment also increased by 642.3% and a place of this size will now cost you $129,900. A 3-bed apartment goes for $202,500, it increased by 43% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 40.3% and made it down to $187,955.
|Listing Type||Jul||vs Last Month|
|Other for sale||$25,000||-80.8%|
|Houses for sale||$235,400||+0.1%|
|Land for sale||$35,966||+15.1%|
Price reports demonstrate that house price increased by 0.1% this month making it up to $235,400.