According to statistics, the population in Philippi, WV amounts to 3,407, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $22,225, shifting growth 11% from the past year, and the average property value in Philippi, WV decline -6% to $90,700 throughout the year.
|Number Of Employees||1,221|
|Median Property Value||$90,700|
The average household income in Philippi, WV grew from $19,957 to $22,225 in the past year. This data is an estimate based upon 1,430 households in Philippi, WV . The chart below presents how household income is distributed in Philippi, WV in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Philippi, WV shifted from $96,800 to $90,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Philippi, WV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Philippi, WV properties falls in the '$100,000 to $124,999' 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 Philippi, WV compared to median property taxes around the country. The prevalent amount of property taxes in Philippi, WV equals $800, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Philippi, WV increased by 6.1% to $145,543.
Knowing the current property prices is key if you plan to buy a studio in Philippi, WV. The average price for a studio has increased since the last month, currently being $30,000. A 3-bed apartment goes for $151,156, it decreased by 5.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 21.8% and made it up to $149,833.
|Listing Type||Dec||vs Last Month|
|Houses for sale||$150,795||+0.8%|
|Land for sale||$30,000||+20%|
Price reports demonstrate that house price increased by 0.8% this month making it up to $150,795. The average price of the land for sale in Philippi, WV has increased by 20%, and now equals $30,000.