According to statistics, the population in Kilmarnock, VA amounts to 1,493, which shows growth 4% compared to the previous year. The median age of the city’s residents is 54. The average household income is $33,000, shifting growth 5% from the past year, and the average property value in Kilmarnock, VA decline -2% to $183,700 throughout the year.
Population | 1,493 |
Median Age | 54.1 |
Poverty Rate | 18% |
Household Income | $33,000 |
Number Of Employees | 660 |
Median Property Value | $183,700 |
The average household income in Kilmarnock, VA grew from $31,303 to $33,000 in the past year. This data is an estimate based upon 756 households in Kilmarnock, VA . The chart below presents how household income is distributed in Kilmarnock, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Kilmarnock, VA shifted from $188,400 to $183,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Kilmarnock, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Kilmarnock, VA 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 Kilmarnock, VA compared to median property taxes around the country. The prevalent amount of property taxes in Kilmarnock, VA equals $1150, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $61,285 | +30.4% |
2-bed apartments | $214,950 | -22.5% |
3-bed apartments | $293,421 | -9.9% |
4+ bed apartments | $988,461 | -6% |
During March 2023, the average price for an apartment in/near Kilmarnock, VA decreased by 4.3% to $301,207.
Knowing the current property prices is key if you plan to buy a studio in Kilmarnock, VA. The average price for a studio has increased since the last month, currently being $61,285. Asking price for 2-bed apartment also decreased by 22.5% and a place of this size will now cost you $214,950. A 3-bed apartment goes for $293,421, it decreased by 9.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 6% and made it down to $988,461.
Listing Type | Feb | vs Last Month |
---|---|---|
Houses for sale | $309,998 | -5.5% |
Land for sale | $192,200 | +94% |
Price reports demonstrate that house price decreased by 5.5% this month making it up to $309,998. The average price of the land for sale in Kilmarnock, VA has increased by 94%, and now equals $192,200.