According to statistics, the population in Rocky Mount, VA amounts to 4,746, which shows decline -1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $28,919, shifting growth 12% from the past year, and the average property value in Rocky Mount, VA growth 6% to $122,200 throughout the year.
Population | 4,746 |
Median Age | 42.2 |
Poverty Rate | 26% |
Household Income | $28,919 |
Number Of Employees | 1,998 |
Median Property Value | $122,200 |
The average household income in Rocky Mount, VA grew from $25,833 to $28,919 in the past year. This data is an estimate based upon 2,237 households in Rocky Mount, VA . The chart below presents how household income is distributed in Rocky Mount, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Rocky Mount, VA shifted from $115,800 to $122,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rocky Mount, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rocky Mount, VA 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 Rocky Mount, VA compared to median property taxes around the country. The prevalent amount of property taxes in Rocky Mount, VA equals $800, which is less than the national average.
Apartment Size | Jul | vs Last Month |
---|---|---|
Studio for sale | $58,920 | +78.9% |
2 bed for sale | $152,416 | -11.6% |
3 bed for sale | $242,927 | +1.8% |
4+ bed for sale | $147,111 | -45.3% |
During Jul 2022, the average price for an apartment in/near Rocky Mount, VA decreased by 25.4% to $163,232.
Asking price for 2-bed apartment also decreased by 11.6% and a place of this size will now cost you $152,416. A 3-bed apartment goes for $242,927, it increased by 1.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 45.3% and made it down to $147,111.
Listing Type | Jul | vs Last Month |
---|---|---|
Houses for sale | $229,220 | -11.8% |
Land for sale | $53,546 | -36.8% |
Condos for sale | $224,800 | +0% |
Price reports demonstrate that house price decreased by 11.8% this month making it up to $229,220. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $224,800.