According to statistics, the population in Grand Prairie, TX amounts to 188,664, which shows growth 2% compared to the previous year. The median age of the city’s residents is 33. The average household income is $62,589, shifting growth 4% from the past year, and the average property value in Grand Prairie, TX growth 5% to $139,600 throughout the year.
|Number Of Employees||94,487|
|Median Property Value||$139,600|
The average household income in Grand Prairie, TX grew from $60,246 to $62,589 in the past year. This data is an estimate based upon 60,093 households in Grand Prairie, TX . The chart below presents how household income is distributed in Grand Prairie, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Grand Prairie, TX shifted from $132,600 to $139,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Grand Prairie, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Grand Prairie, TX properties falls in the '$100,000 to $124,999' 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 Grand Prairie, TX compared to median property taxes around the country. The prevalent amount of property taxes in Grand Prairie, TX equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Grand Prairie, TX increased by 5.5% to $418,300.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 35.3% to $259,000. Asking price for 2-bed apartment also increased by 7.9% and a place of this size will now cost you $272,577. A 3-bed apartment goes for $341,020, it increased by 1.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 3.5% and made it up to $503,051.
While assessing the property pricing Grand Prairie, TX, you can note that it remains flat with a price tag of $140,000. Price reports demonstrate that house price increased by 5.8% this month making it up to $434,003. Condos faced an upward trend these days. The median price for a condo decreased by 31.3%, it’s now available for $227,477. You can now purchase a duplex for just $492,000, duplex price decreased by 17.9% this month. The price dynamics of lofts changed, it decreased by 53.4%, the price tag now starts at $611,761. The property value of townhouses increased by 16%, you’ll have to spend around $290,888 to get one.