According to statistics, the population in Rochester, NH amounts to 30,212, which shows decline 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $55,767, shifting growth 10% from the past year, and the average property value in Rochester, NH growth 3% to $166,700 throughout the year.
|Number Of Employees||15,496|
|Median Property Value||$166,700|
The average household income in Rochester, NH grew from $50,759 to $55,767 in the past year. This data is an estimate based upon 12,837 households in Rochester, NH . The chart below presents how household income is distributed in Rochester, NH in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Rochester, NH shifted from $161,200 to $166,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rochester, NH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rochester, NH 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 Rochester, NH compared to median property taxes around the country. The prevalent amount of property taxes in Rochester, NH equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$216,200||-13.5%|
|1 bed for sale||$27,000||N/A|
|2 bed for sale||$222,600||-1.8%|
|3 bed for sale||$389,930||+2.7%|
|4+ bed for sale||$671,105||+103.4%|
During Aug 2022, the average price for an apartment in/near Rochester, NH increased by 33.7% to $422,841.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $27,000 with no changes this month. Asking price for 2-bed apartment also decreased by 1.8% and a place of this size will now cost you $222,600. A 3-bed apartment goes for $389,930, it increased by 2.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 103.4% and made it up to $671,105.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$274,900||+12.5%|
|Houses for sale||$349,492||+1.5%|
|Condos for sale||$162,450||-35.9%|
|Duplexes for sale||$287,449||N/A|
|Land for sale||$1,028,425||+364.3%|
|Apartments for sale||$191,600||N/A|
While assessing the property pricing Rochester, NH, you can note that it remains flat with a price tag of $191,600. Price reports demonstrate that house price increased by 1.5% this month making it up to $349,492. Condos faced an upward trend these days. The median price for a condo decreased by 35.9%, it’s now available for $162,450. An average value of duplex is $287,449, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 12.5%, you’ll have to spend around $274,900 to get one.