According to statistics, the population in Hico, TX amounts to 1,557, which shows growth 10% compared to the previous year. The median age of the city’s residents is 37. The average household income is $37,625, shifting growth 16% from the past year, and the average property value in Hico, TX growth 1% to $83,600 throughout the year.
|Number Of Employees||782|
|Median Property Value||$83,600|
The average household income in Hico, TX grew from $32,500 to $37,625 in the past year. This data is an estimate based upon 569 households in Hico, TX . The chart below presents how household income is distributed in Hico, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hico, TX shifted from $82,500 to $83,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hico, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hico, TX properties falls in the '$60,000 to $69,999' 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 Hico, TX compared to median property taxes around the country. The prevalent amount of property taxes in Hico, TX equals $1150, which is less than the national average.
|Apartment Size||Nov||vs Last Month|
|1 bed for sale||$195,000||N/A|
|2 bed for sale||$760,000||-76.6%|
|3 bed for sale||$440,000||N/A|
|4+ bed for sale||$167,830||+5.8%|
During Nov 2021, the average price for an apartment in/near Hico, TX increased by 43.9% to $349,893.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $195,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $760,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $440,000. 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 $167,830 for a big-family home.
|Listing Type||Nov||vs Last Month|
|Houses for sale||$349,893||+43.9%|
According to statistics, average house is still $349,893 with no significant changes this month.
Let’s disrupt the home rental industry together. Invest today and get discounts on future rentals.Invest Now
Your perks are here and your account is now upgraded. Thanks for investing in Rentberry.Accept