According to statistics, the population in Lodi, CA amounts to 64,403, which shows decline 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $52,244, shifting growth 2% from the past year, and the average property value in Lodi, CA growth 7% to $269,400 throughout the year.
|Number Of Employees||27,813|
|Median Property Value||$269,400|
The average household income in Lodi, CA grew from $51,139 to $52,244 in the past year. This data is an estimate based upon 22,531 households in Lodi, CA . The chart below presents how household income is distributed in Lodi, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lodi, CA shifted from $252,900 to $269,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lodi, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lodi, 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 Lodi, CA compared to median property taxes around the country. The prevalent amount of property taxes in Lodi, CA equals $2500, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$632,666||+118%|
|1 bed for sale||$550,000||+144.4%|
|2 bed for sale||$295,479||-20.7%|
|3 bed for sale||$540,816||-1.6%|
|4+ bed for sale||$582,333||-22.1%|
During Jul 2022, the average price for an apartment in/near Lodi, CA decreased by 14.4% to $511,947.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 144.4% to $550,000. Asking price for 2-bed apartment also decreased by 20.7% and a place of this size will now cost you $295,479. A 3-bed apartment goes for $540,816, it decreased by 1.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 22.1% and made it down to $582,333.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$601,750||-8.7%|
|Land for sale||$319,999||-6.2%|
|Condos for sale||$266,099||-16.5%|
|Apartments for sale||$158,600||N/A|
|Townhouses for sale||$529,999||-10.2%|
|Duplexes for sale||$550,000||N/A|
While assessing the property pricing Lodi, CA, you can note that it remains flat with a price tag of $158,600. Price reports demonstrate that house price decreased by 8.7% this month making it up to $601,750. Condos faced an upward trend these days. The median price for a condo decreased by 16.5%, it’s now available for $266,099. An average value of duplex is $550,000, thus a median price for a duplex remains the same this month. The property value of townhouses decreased by 10.2%, you’ll have to spend around $529,999 to get one.