According to statistics, the population in Miller Place, NY amounts to 11,709, which shows decline -2% compared to the previous year. The median age of the city’s residents is 41. The average household income is $119,963, shifting growth 4% from the past year, and the average property value in Miller Place, NY decline -1% to $423,800 throughout the year.
|Number Of Employees||5,520|
|Median Property Value||$423,800|
The average household income in Miller Place, NY grew from $115,071 to $119,963 in the past year. This data is an estimate based upon 3,903 households in Miller Place, NY . The chart below presents how household income is distributed in Miller Place, NY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Miller Place, NY shifted from $427,300 to $423,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Miller Place, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Miller Place, NY properties falls in the '$300,000 to $399,999' range, which is higher 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 Miller Place, NY compared to median property taxes around the country. The prevalent amount of property taxes in Miller Place, NY equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed for sale||$199,450||N/A|
|2 bed for sale||$475,490||+31.4%|
|3 bed for sale||$455,181||+4.7%|
|4+ bed for sale||$571,595||+0.8%|
During Aug 2022, the average price for an apartment in/near Miller Place, NY increased by 9.6% to $507,974.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $199,450 with no changes this month. Asking price for 2-bed apartment also increased by 31.4% and a place of this size will now cost you $475,490. A 3-bed apartment goes for $455,181, it increased by 4.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.8% and made it up to $571,595.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$540,243||+11.5%|
|Condos for sale||$598,742||+155.9%|
|Land for sale||$206,999||+47.9%|
|Lofts for sale||$369,000||N/A|
Price reports demonstrate that house price increased by 11.5% this month making it up to $540,243. Condos are really in demand in this season. The median price for a condo increased by 155.9%, it’s now available for $598,742. The price statistics of lofts have not significantly changed, it now still goes for $369,000.