According to statistics, the population in Gig Harbor, WA amounts to 8,651, which shows growth 4% compared to the previous year. The median age of the city’s residents is 45. The average household income is $74,159, shifting growth 14% from the past year, and the average property value in Gig Harbor, WA growth 9% to $378,900 throughout the year.
|Number Of Employees||3,453|
|Median Property Value||$378,900|
The average household income in Gig Harbor, WA grew from $64,931 to $74,159 in the past year. This data is an estimate based upon 3,690 households in Gig Harbor, WA . The chart below presents how household income is distributed in Gig Harbor, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Gig Harbor, WA shifted from $347,400 to $378,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Gig Harbor, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Gig Harbor, WA properties falls in the '$300,000 to $399,999' 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 Gig Harbor, WA compared to median property taxes around the country. The prevalent amount of property taxes in Gig Harbor, WA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$849,350||+455.1%|
|1 bed for sale||$550,000||+22.2%|
|2 bed for sale||$479,875||-29%|
|3 bed for sale||$878,476||+4.8%|
|4+ bed for sale||$768,225||-10.5%|
During Jul 2022, the average price for an apartment in/near Gig Harbor, WA decreased by 4.8% to $772,434.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 22.2% to $550,000. Asking price for 2-bed apartment also decreased by 29% and a place of this size will now cost you $479,875. A 3-bed apartment goes for $878,476, it increased by 4.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 10.5% and made it down to $768,225.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$616,000||-23.2%|
|Apartments for sale||$843,700||+451.4%|
|Houses for sale||$857,553||-2.4%|
|Land for sale||$149,000||-35.2%|
|Condos for sale||$552,750||-9.7%|
The average cost of an apartment in Gig Harbor, WA rised by 451.4% to $843,700. Price reports demonstrate that house price decreased by 2.4% this month making it up to $857,553. Condos faced an upward trend these days. The median price for a condo decreased by 9.7%, it’s now available for $552,750. The property value of townhouses decreased by 23.2%, you’ll have to spend around $616,000 to get one.