According to statistics, the population in Hattiesburg, MS amounts to 46,495, which shows decline -1% compared to the previous year. The median age of the city’s residents is 29. The average household income is $32,009, shifting growth 4% from the past year, and the average property value in Hattiesburg, MS decline -5% to $104,200 throughout the year.
|Number Of Employees||20,476|
|Median Property Value||$104,200|
The average household income in Hattiesburg, MS grew from $30,748 to $32,009 in the past year. This data is an estimate based upon 17,690 households in Hattiesburg, MS . The chart below presents how household income is distributed in Hattiesburg, MS in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hattiesburg, MS shifted from $109,500 to $104,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hattiesburg, MS in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hattiesburg, MS 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 Hattiesburg, MS compared to median property taxes around the country. The prevalent amount of property taxes in Hattiesburg, MS equals $1150, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$487,840||+56.1%|
During May 2023, the average price for an apartment in/near Hattiesburg, MS increased by 62.4% to $338,305.
Knowing the current property prices is key if you plan to buy a studio in Hattiesburg, MS. The average price for a studio has increased since the last month, currently being $242,450. Asking price for 2-bed apartment also increased by 60.9% and a place of this size will now cost you $129,950. A 3-bed apartment goes for $226,583, it increased by 13.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 56.1% and made it up to $487,840.
|May||vs Last Month|
|Houses for sale||$340,416||+60.2%|
|Apartments for sale||$234,900||N/A|
While assessing the property pricing Hattiesburg, MS, you can note that it remains flat with a price tag of $234,900. Price reports demonstrate that house price increased by 60.2% this month making it up to $340,416. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $245,000.