According to statistics, the population in Lake Arrowhead, CA amounts to 10,612, which shows decline -6% compared to the previous year. The median age of the city’s residents is 44. The average household income is $67,949, shifting growth 12% from the past year, and the average property value in Lake Arrowhead, CA growth 8% to $347,700 throughout the year.
|Number Of Employees||4,488|
|Median Property Value||$347,700|
The average household income in Lake Arrowhead, CA grew from $60,926 to $67,949 in the past year. This data is an estimate based upon 3,936 households in Lake Arrowhead, CA . The chart below presents how household income is distributed in Lake Arrowhead, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lake Arrowhead, CA shifted from $323,400 to $347,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lake Arrowhead, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lake Arrowhead, CA properties falls in the '$300,000 to $399,999' range, which is higher 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 Lake Arrowhead, CA compared to median property taxes around the country. The prevalent amount of property taxes in Lake Arrowhead, CA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$278,966||+1.2%|
|1 bed for sale||$359,500||-10.7%|
|2 bed for sale||$625,241||+34.7%|
|3 bed for sale||$936,375||+2.4%|
|4+ bed for sale||$1,070,437||+43.1%|
During Jul 2022, the average price for an apartment in/near Lake Arrowhead, CA increased by 22.9% to $921,013.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 10.7% to $359,500. Asking price for 2-bed apartment also increased by 34.7% and a place of this size will now cost you $625,241. A 3-bed apartment goes for $936,375, it increased by 2.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 43.1% and made it up to $1,070,437.
|Listing Type||Jul||vs Last Month|
|Land for sale||$564,989||+17%|
|Houses for sale||$1,112,329||+34.2%|
|Other for sale||$286,214||+8.8%|
|Condos for sale||$732,000||+20%|
|Townhouses for sale||$439,900||N/A|
Price reports demonstrate that house price increased by 34.2% this month making it up to $1,112,329. Condos are really in demand in this season. The median price for a condo increased by 20%, it’s now available for $732,000. Value of the townhouses didn’t change, the price still starts at $439,900.