According to statistics, the population in Forest Acres, SC amounts to 10,466, which shows decline -1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $62,008, shifting growth 6% from the past year, and the average property value in Forest Acres, SC decline -1% to $185,800 throughout the year.
|Number Of Employees||5,295|
|Median Property Value||$185,800|
The average household income in Forest Acres, SC grew from $58,714 to $62,008 in the past year. This data is an estimate based upon 4,708 households in Forest Acres, SC . The chart below presents how household income is distributed in Forest Acres, SC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Forest Acres, SC shifted from $186,900 to $185,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Forest Acres, SC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Forest Acres, SC properties falls in the '$150,000 to $174,999' 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 Forest Acres, SC compared to median property taxes around the country. The prevalent amount of property taxes in Forest Acres, SC equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Forest Acres, SC increased by 7.3% to $415,284.
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. Asking price for 2-bed apartment also increased by 62.1% and a place of this size will now cost you $181,129. A 3-bed apartment goes for $445,736, it increased by 40% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 32.7% and made it down to $595,447.
While assessing the property pricing Forest Acres, SC, you can note that it remains flat with a price tag of $223,722. Price reports demonstrate that house price decreased by 15% this month making it up to $499,095. Condos are really in demand in this season. The median price for a condo increased by 154.9%, it’s now available for $324,100. The price statistics of lofts have not significantly changed, it now still goes for $557,333. Value of the townhouses didn’t change, the price still starts at $395,000.