According to statistics, the population in Midlothian, TX amounts to 22,615, which shows growth 5% compared to the previous year. The median age of the city’s residents is 34. The average household income is $76,875, shifting growth 5% from the past year, and the average property value in Midlothian, TX growth 5% to $170,800 throughout the year.
|Number Of Employees||11,213|
|Median Property Value||$170,800|
The average household income in Midlothian, TX grew from $72,956 to $76,875 in the past year. This data is an estimate based upon 7,473 households in Midlothian, TX . The chart below presents how household income is distributed in Midlothian, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Midlothian, TX shifted from $162,900 to $170,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Midlothian, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Midlothian, TX properties falls in the '$150,000 to $174,999' 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 Midlothian, TX compared to median property taxes around the country. The prevalent amount of property taxes in Midlothian, TX equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|3 bed for sale||$430,687||-1.3%|
|4+ bed for sale||$559,086||-7.1%|
During Jul 2022, the average price for an apartment in/near Midlothian, TX decreased by 6.2% to $524,517.
A 3-bed apartment goes for $430,687, it decreased by 1.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 7.1% and made it down to $559,086.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$537,829||-6.2%|
|Land for sale||$351,461||+9.3%|
Price reports demonstrate that house price decreased by 6.2% this month making it up to $537,829.