According to statistics, the population in Hearne, TX amounts to 4,447, which shows decline 0% compared to the previous year. The median age of the city’s residents is 32. The average household income is $52,321, shifting growth 19% from the past year, and the average property value in Hearne, TX decline -4% to $68,700 throughout the year.
|Number Of Employees||1,847|
|Median Property Value||$68,700|
The average household income in Hearne, TX grew from $43,786 to $52,321 in the past year. This data is an estimate based upon 1,417 households in Hearne, TX . The chart below presents how household income is distributed in Hearne, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hearne, TX shifted from $71,500 to $68,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hearne, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hearne, TX properties falls in the '$50,000 to $59,999' 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 Hearne, TX compared to median property taxes around the country. The prevalent amount of property taxes in Hearne, TX equals $1150, which is less than the national average.
|Apartment Size||Feb||vs Last Month|
|4+ bed apartments||$409,860||+0%|
During February 2023, the average price for an apartment in/near Hearne, TX increased by 3.7% to $704,051.
Knowing the current property prices is key if you plan to buy a studio in Hearne, TX. The average price for a studio has decreased since the last month, currently being $1,365,347. Asking price for 2-bed apartment also increased by 378.7% and a place of this size will now cost you $450,000. A 3-bed apartment goes for $297,219, it increased by 1.5% lately. 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 $409,860 for a big-family home.
|Listing Type||Feb||vs Last Month|
|Duplexes for sale||$149,900||+0%|
|Land for sale||$1,986,453||+4.3%|
|Houses for sale||$307,777||+0.5%|
Price reports demonstrate that house price increased by 0.5% this month making it up to $307,777. An average value of duplex is $149,900, thus a median price for a duplex remains the same this month. The average price of the land for sale in Hearne, TX has increased by 4.3%, and now equals $1,986,453.