According to statistics, the population in Lavaca, AR amounts to 2,584, which shows decline 0% compared to the previous year. The median age of the city’s residents is 32. The average household income is $51,080, shifting growth 3% from the past year, and the average property value in Lavaca, AR decline -4% to $103,300 throughout the year.
Population | 2,584 |
Median Age | 31.7 |
Poverty Rate | 16% |
Household Income | $51,080 |
Number Of Employees | 1,103 |
Median Property Value | $103,300 |
The average household income in Lavaca, AR grew from $49,694 to $51,080 in the past year. This data is an estimate based upon 893 households in Lavaca, AR . The chart below presents how household income is distributed in Lavaca, AR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lavaca, AR shifted from $107,600 to $103,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lavaca, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lavaca, AR properties falls in the '$80,000 to $89,999' 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 Lavaca, AR compared to median property taxes around the country. The prevalent amount of property taxes in Lavaca, AR equals $800, which is less than the national average.
Apartment Size | Dec | vs Last Month |
---|---|---|
Studio apartments | $40,000 | -7% |
3-bed apartments | $198,990 | +8.3% |
4+ bed apartments | $495,000 | +0% |
During Dec 2022, the average price for an apartment in/near Lavaca, AR increased by 10.7% to $231,614.
Knowing the current property prices is key if you plan to buy a studio in Lavaca, AR. The average price for a studio has decreased since the last month, currently being $40,000. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $150,000. A 3-bed apartment goes for $198,990, it increased by 8.3% 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 $495,000 for a big-family home.
Listing Type | Dec | vs Last Month |
---|---|---|
Houses for sale | $231,614 | +6.6% |
Price reports demonstrate that house price increased by 6.6% this month making it up to $231,614. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $55,000.