According to statistics, the population in Nitro, WV amounts to 6,534, which shows decline 0% compared to the previous year. The median age of the city’s residents is 43. The average household income is $43,952, shifting decline -9% from the past year, and the average property value in Nitro, WV growth 5% to $101,400 throughout the year.
Population | 6,534 |
Median Age | 42.5 |
Poverty Rate | 14% |
Household Income | $43,952 |
Number Of Employees | 2,875 |
Median Property Value | $101,400 |
The average household income in Nitro, WV declined from $48,212 to $43,952 in the past year. This data is an estimate based upon 2,875 households in Nitro, WV . The chart below presents how household income is distributed in Nitro, WV in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Nitro, WV shifted from $96,400 to $101,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Nitro, WV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Nitro, WV 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 Nitro, WV compared to median property taxes around the country. The prevalent amount of property taxes in Nitro, WV equals $800, which is less than the national average.
Apartment Size |
May | vs Last Month |
---|---|---|
3-bed apartments | $475,000 | +251.9% |
4+ bed apartments | $123,266 | N/A |
During May 2023, the average price for an apartment in/near Nitro, WV increased by 63.7% to $211,200.
The average price of the land for sale in Nitro, WV has not changed significantly since last month, being $133,300. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $110,000. A 3-bed apartment goes for $475,000, it increased by 251.9% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $123,266 for a big-family home.
Listing Type |
May | vs Last Month |
---|---|---|
Houses for sale | $211,200 | +56.4% |
While assessing the property pricing Nitro, WV, you can note that it remains flat with a price tag of $110,000. Price reports demonstrate that house price increased by 56.4% this month making it up to $211,200. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $110,000.