According to statistics, the population in Hialeah, FL amounts to 237,523, which shows decline 1% compared to the previous year. The median age of the city’s residents is 44. The average household income is $31,012, shifting growth 4% from the past year, and the average property value in Hialeah, FL growth 7% to $174,300 throughout the year.
Population | 237,523 |
Median Age | 44.2 |
Poverty Rate | 26% |
Household Income | $31,012 |
Number Of Employees | 105,678 |
Median Property Value | $174,300 |
The average household income in Hialeah, FL grew from $29,817 to $31,012 in the past year. This data is an estimate based upon 71,719 households in Hialeah, FL . The chart below presents how household income is distributed in Hialeah, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hialeah, FL shifted from $163,600 to $174,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hialeah, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hialeah, FL 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 Hialeah, FL compared to median property taxes around the country. The prevalent amount of property taxes in Hialeah, FL equals $1150, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $1,031,129 | +7.9% |
1-bed apartments | $189,197 | +2% |
2-bed apartments | $302,925 | +1.2% |
3-bed apartments | $482,118 | -0.3% |
4+ bed apartments | $649,298 | +4.5% |
During February 2023, the average price for an apartment in/near Hialeah, FL increased by 1.6% to $496,692.
Knowing the current property prices is key if you plan to buy a studio in Hialeah, FL. The average price for a studio has increased since the last month, currently being $1,031,129. After collecting all data points, we now see that the average price for 1-bed apartment increased by 2% to $189,197. Asking price for 2-bed apartment also increased by 1.2% and a place of this size will now cost you $302,925. A 3-bed apartment goes for $482,118, it decreased by 0.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.5% and made it up to $649,298.
Listing Type | Feb | vs Last Month |
---|---|---|
Townhouses for sale | $433,949 | +0.1% |
Other for sale | $441,000 | +1.1% |
Lofts for sale | $739,450 | +0% |
Houses for sale | $576,354 | +2.4% |
Condos for sale | $275,777 | +5.5% |
Land for sale | $2,699,666 | +33.8% |
Duplexes for sale | $891,378 | +1.8% |
Price reports demonstrate that house price increased by 2.4% this month making it up to $576,354. Condos are really in demand in this season. The median price for a condo increased by 5.5%, it’s now available for $275,777. You can now purchase a duplex for just $891,378, duplex price increased by 1.8% this month. The price statistics of lofts have not significantly changed, it now still goes for $739,450. The property value of townhouses increased by 0.1%, you’ll have to spend around $433,949 to get one. The average price of the land for sale in Hialeah, FL has increased by 33.8%, and now equals $2,699,666. The price for other types of properties for sale has changed since January, increased by 1.1%. Now, the price is $441,000 on average.