According to statistics, the population in Marion, VA amounts to 5,814, which shows decline -1% compared to the previous year. The median age of the city’s residents is 48. The average household income is $31,933, shifting decline -3% from the past year, and the average property value in Marion, VA decline -15% to $91,300 throughout the year.
|Number Of Employees||2,099|
|Median Property Value||$91,300|
The average household income in Marion, VA declined from $32,829 to $31,933 in the past year. This data is an estimate based upon 2,448 households in Marion, VA . The chart below presents how household income is distributed in Marion, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Marion, VA shifted from $107,800 to $91,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Marion, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Marion, VA properties falls in the '$70,000 to $79,999' 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 Marion, VA compared to median property taxes around the country. The prevalent amount of property taxes in Marion, VA equals $800, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Marion, VA decreased by 5.4% to $154,799.
Asking price for 2-bed apartment also decreased by 15.1% and a place of this size will now cost you $89,000. A 3-bed apartment goes for $172,578, it increased by 42.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 48.7% and made it down to $159,900.