According to statistics, the population in Mansfield, TX amounts to 65,033, which shows growth 3% compared to the previous year. The median age of the city’s residents is 36. The average household income is $94,035, shifting growth 4% from the past year, and the average property value in Mansfield, TX growth 7% to $218,200 throughout the year.
|Number Of Employees||33,050|
|Median Property Value||$218,200|
The average household income in Mansfield, TX grew from $90,216 to $94,035 in the past year. This data is an estimate based upon 21,467 households in Mansfield, TX . The chart below presents how household income is distributed in Mansfield, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mansfield, TX shifted from $204,800 to $218,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mansfield, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mansfield, TX 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 Mansfield, TX compared to median property taxes around the country. The prevalent amount of property taxes in Mansfield, TX equals $3000, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Mansfield, TX increased by 3.3% to $550,742.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $140,000 with no changes this month. Asking price for 2-bed apartment also decreased by 24% and a place of this size will now cost you $415,548. A 3-bed apartment goes for $403,126, it decreased by 5.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.6% and made it up to $610,814.
While assessing the property pricing Mansfield, TX, you can note that it remains flat with a price tag of $70,000. Price reports demonstrate that house price increased by 4.4% this month making it up to $556,177. Condos faced an upward trend these days. The median price for a condo decreased by 2.3%, it’s now available for $465,500. The price dynamics of lofts changed, it decreased by 2.3%, the price tag now starts at $608,886. Value of the townhouses didn’t change, the price still starts at $260,000.