According to statistics, the population in Renton, WA amounts to 99,692, which shows growth 1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $70,661, shifting growth 7% from the past year, and the average property value in Renton, WA growth 8% to $339,800 throughout the year.
|Number Of Employees||53,952|
|Median Property Value||$339,800|
The average household income in Renton, WA grew from $66,050 to $70,661 in the past year. This data is an estimate based upon 38,563 households in Renton, WA . The chart below presents how household income is distributed in Renton, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Renton, WA shifted from $313,500 to $339,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Renton, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Renton, WA 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 Renton, WA compared to median property taxes around the country. The prevalent amount of property taxes in Renton, WA equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Renton, WA decreased by 0.7% to $779,381.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 10.1% to $380,250. Asking price for 2-bed apartment also decreased by 20.1% and a place of this size will now cost you $436,523. A 3-bed apartment goes for $726,386, it increased by 4.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.6% and made it up to $951,506.
The average cost of an apartment in Renton, WA decreased by 46.4% to $125,000. Price reports demonstrate that house price decreased by 0.7% this month making it up to $866,537. Condos are really in demand in this season. The median price for a condo increased by 7.4%, it’s now available for $429,775. Value of the townhouses didn’t change, the price still starts at $699,000.