According to statistics, the population in Lusby, MD amounts to 1,809, which shows growth 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $74,808, shifting decline -10% from the past year, and the average property value in Lusby, MD growth 3% to $286,400 throughout the year.
Population | 1,809 |
Median Age | 34.5 |
Poverty Rate | 11% |
Household Income | $74,808 |
Number Of Employees | 774 |
Median Property Value | $286,400 |
The average household income in Lusby, MD declined from $82,667 to $74,808 in the past year. This data is an estimate based upon 680 households in Lusby, MD . The chart below presents how household income is distributed in Lusby, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lusby, MD shifted from $278,200 to $286,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lusby, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lusby, MD properties falls in the '$500,000 to $749,999' 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 Lusby, MD compared to median property taxes around the country. The prevalent amount of property taxes in Lusby, MD equals $3000, which is less than the national average.
Apartment Size | May | vs Last Month |
---|---|---|
2 bed for sale | $288,263 | N/A |
3 bed for sale | $340,085 | -17.1% |
4+ bed for sale | $338,819 | -19.4% |
During May 2022, the average price for an apartment in/near Lusby, MD decreased by 35.3% to $269,253.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $288,263. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $340,085. 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 $338,819 for a big-family home.
Listing Type | May | vs Last Month |
---|---|---|
Lofts for sale | $707,450 | N/A |
Townhouses for sale | $434,690 | +4.7% |
Houses for sale | $362,958 | -11% |
Land for sale | $62,548 | N/A |
According to statistics, average house is still $362,958 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $707,450. Value of the townhouses didn’t change, the price still starts at $434,690.