According to statistics, the population in Richland, WA amounts to 53,991, which shows growth 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $71,025, shifting growth 2% from the past year, and the average property value in Richland, WA growth 6% to $226,300 throughout the year.
|Number Of Employees||25,804|
|Median Property Value||$226,300|
The average household income in Richland, WA grew from $69,833 to $71,025 in the past year. This data is an estimate based upon 21,624 households in Richland, WA . The chart below presents how household income is distributed in Richland, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Richland, WA shifted from $213,000 to $226,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Richland, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Richland, WA properties falls in the '$200,000 to $249,999' 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 Richland, WA compared to median property taxes around the country. The prevalent amount of property taxes in Richland, WA equals $2500, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Richland, WA decreased by 2.3% to $503,600.
Asking price for 2-bed apartment also increased by 0.7% and a place of this size will now cost you $269,467. A 3-bed apartment goes for $492,965, it decreased by 1.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.8% and made it down to $615,133.
The average cost of an apartment in Richland, WA decreased by 47.8% to $56,225. Price reports demonstrate that house price decreased by 3.6% this month making it up to $532,297. Condos faced an upward trend these days. The median price for a condo decreased by 26.4%, it’s now available for $336,633. The price statistics of lofts have not significantly changed, it now still goes for $454,000.