According to statistics, the population in Gloucester Point, VA amounts to 9,291, which shows growth 3% compared to the previous year. The median age of the city’s residents is 45. The average household income is $55,600, shifting growth 9% from the past year, and the average property value in Gloucester Point, VA growth 4% to $236,200 throughout the year.
|Number Of Employees||4,170|
|Median Property Value||$236,200|
The average household income in Gloucester Point, VA grew from $50,916 to $55,600 in the past year. This data is an estimate based upon 3,956 households in Gloucester Point, VA . The chart below presents how household income is distributed in Gloucester Point, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Gloucester Point, VA shifted from $226,600 to $236,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Gloucester Point, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Gloucester Point, VA properties falls in the '$200,000 to $249,999' 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 Gloucester Point, VA compared to median property taxes around the country. The prevalent amount of property taxes in Gloucester Point, VA equals $1150, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$356,666||-9.7%|
During May 2023, the average price for an apartment in/near Gloucester Point, VA increased by 34.8% to $514,243.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $205,000. A 3-bed apartment goes for $608,789, it increased by 46.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 9.7% and made it down to $356,666.
|May||vs Last Month|
|Houses for sale||$547,707||+39.8%|
|Condos for sale||$279,999||-9.2%|
Price reports demonstrate that house price increased by 39.8% this month making it up to $547,707. Condos faced an upward trend these days. The median price for a condo decreased by 9.2%, it’s now available for $279,999.