According to statistics, the population in Foster City, CA amounts to 33,529, which shows growth 2% compared to the previous year. The median age of the city’s residents is 40. The average household income is $136,383, shifting growth 5% from the past year, and the average property value in Foster City, CA growth 11% to $1,051,000 throughout the year.
|Number Of Employees||17,310|
|Median Property Value||$1,051,000|
The average household income in Foster City, CA grew from $129,733 to $136,383 in the past year. This data is an estimate based upon 12,792 households in Foster City, CA . The chart below presents how household income is distributed in Foster City, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Foster City, CA shifted from $949,900 to $1,051,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Foster City, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Foster City, CA properties falls in the '$1,000,000 to $1,499,999' 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 Foster City, CA compared to median property taxes around the country. The prevalent amount of property taxes in Foster City, CA equals $3000, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$2,205,777||+10.3%|
During May 2023, the average price for an apartment in/near Foster City, CA increased by 5.4% to $1,741,046.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $1,298,000 with no changes this month. Asking price for 2-bed apartment also decreased by 14% and a place of this size will now cost you $933,500. A 3-bed apartment goes for $2,010,960, it increased by 14.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 10.3% and made it up to $2,205,777.
|May||vs Last Month|
|Houses for sale||$2,614,337||+25.2%|
|Condos for sale||$1,304,400||-1.5%|
Price reports demonstrate that house price increased by 25.2% this month making it up to $2,614,337. Condos faced an upward trend these days. The median price for a condo decreased by 1.5%, it’s now available for $1,304,400.