According to statistics, the population in Groveton, TX amounts to 1,259, which shows decline -3% compared to the previous year. The median age of the city’s residents is 39. The average household income is $27,284, shifting decline -15% from the past year, and the average property value in Groveton, TX decline -5% to $70,200 throughout the year.
|Number Of Employees||259|
|Median Property Value||$70,200|
The average household income in Groveton, TX declined from $31,970 to $27,284 in the past year. This data is an estimate based upon 431 households in Groveton, TX . The chart below presents how household income is distributed in Groveton, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Groveton, TX shifted from $74,000 to $70,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Groveton, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Groveton, TX properties falls in the '$70,000 to $79,999' 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 Groveton, TX compared to median property taxes around the country. The prevalent amount of property taxes in Groveton, TX equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Groveton, TX increased by 15.6% to $208,989.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $64,900 with no changes this month. Asking price for 2-bed apartment also decreased by 44.9% and a place of this size will now cost you $140,000. A 3-bed apartment goes for $249,000, it increased by 63.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 9.3% and made it down to $340,000.
While assessing the property pricing Groveton, TX, you can note that it remains flat with a price tag of $30,000. Price reports demonstrate that house price decreased by 19% this month making it up to $192,342.