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According to statistics, the population in Gilbert, AZ amounts to 232,176, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $87,566, shifting growth 2% from the past year, and the average property value in Gilbert, AZ growth 8% to $286,400 throughout the year.
|Number Of Employees||113,713|
|Median Property Value||$286,400|
The average household income in Gilbert, AZ grew from $85,581 to $87,566 in the past year. This data is an estimate based upon 74,216 households in Gilbert, AZ . The chart below presents how household income is distributed in Gilbert, AZ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Gilbert, AZ shifted from $264,700 to $286,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Gilbert, AZ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Gilbert, AZ 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 Gilbert, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Gilbert, AZ equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|2 bed apartments||$352,760||-11.6%|
|3 bed apartments||$522,118||-5.2%|
|4+ bed apartments||$746,133||+9.6%|
During Aug 2021, the average price for an apartment in/near Gilbert, AZ decreased by 7.9% to $603,697.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $352,760. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $522,118. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $746,133 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Lofts for sale||$592,915||-11.3%|
|Houses for sale||$618,490||-5%|
|Townhouses for sale||$328,900||N/A|
According to statistics, average house is still $618,490 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $592,915. Value of the townhouses didn’t change, the price still starts at $328,900.
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