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Mercedes, TX, USA apartments for sale
Mercedes
According to statistics, the population in Mercedes, TX amounts to 16,588, which shows decline 1% compared to the previous year. The median age of the city’s residents is 30. The average household income is $32,424, shifting growth 9% from the past year, and the average property value in Mercedes, TX growth 8% to $62,500 throughout the year.
| Population | 16,588 |
| Median Age | 29.9 |
| Poverty Rate | 35% |
| Household Income | $32,424 |
| Number Of Employees | 5,923 |
| Median Property Value | $62,500 |
Average Price of Apartments for Sale in Mercedes, TX
Average apartment sale in Mercedes, TX: $145,083
(-38.1%)
| Month | Median Price |
|---|---|
| Aug 2023 |
$234,541
|
| Jul 2023 |
$234,541
|
| Jun 2023 |
$234,541
|
| May 2023 |
$234,541
|
| Apr 2023 |
$227,453
|
| Mar 2023 |
$197,617
|
Household Income
The average household income in Mercedes, TX grew from $29,706 to $32,424 in the past year. This data is an estimate based upon 4,848 households in Mercedes, TX . The chart below presents how household income is distributed in Mercedes, TX in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Mercedes, TX shifted from $57,900 to $62,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mercedes, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mercedes, TX properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mercedes, TX compared to median property taxes around the country. The prevalent amount of property taxes in Mercedes, TX equals $800, which is less than the national average.