According to statistics, the population in Midland, TX amounts to 131,286, which shows growth 3% compared to the previous year. The median age of the city’s residents is 32. The average household income is $75,646, shifting growth 6% from the past year, and the average property value in Midland, TX growth 6% to $193,200 throughout the year.
|Number Of Employees||66,621|
|Median Property Value||$193,200|
The average household income in Midland, TX grew from $71,500 to $75,646 in the past year. This data is an estimate based upon 45,664 households in Midland, TX . The chart below presents how household income is distributed in Midland, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Midland, TX shifted from $182,300 to $193,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Midland, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Midland, 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 Midland, TX compared to median property taxes around the country. The prevalent amount of property taxes in Midland, TX equals $3000, which is less than the national average.
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