According to statistics, the population in Gainesville, GA amounts to 37,291, which shows decline -2% compared to the previous year. The median age of the city’s residents is 31. The average household income is $41,250, shifting growth 2% from the past year, and the average property value in Gainesville, GA growth 15% to $172,300 throughout the year.
|Number Of Employees||16,999|
|Median Property Value||$172,300|
The average household income in Gainesville, GA grew from $40,321 to $41,250 in the past year. This data is an estimate based upon 12,582 households in Gainesville, GA . The chart below presents how household income is distributed in Gainesville, GA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Gainesville, GA shifted from $150,200 to $172,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Gainesville, GA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Gainesville, GA 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 Gainesville, GA compared to median property taxes around the country. The prevalent amount of property taxes in Gainesville, GA equals $1150, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Gainesville, GA decreased by 3.4% to $454,957.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $530,475 with no changes this month. Asking price for 2-bed apartment also decreased by 22.3% and a place of this size will now cost you $270,981. A 3-bed apartment goes for $416,301, it decreased by 1.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.9% and made it up to $569,518.
Price reports demonstrate that house price decreased by 2.8% this month making it up to $488,075. Condos faced an upward trend these days. The median price for a condo decreased by 18.1%, it’s now available for $306,946. The price dynamics of lofts changed, it decreased by 4.9%, the price tag now starts at $514,963. The property value of townhouses increased by 63.8%, you’ll have to spend around $393,000 to get one.