According to statistics, the population in Royse City, TX amounts to 11,114, which shows growth 6% compared to the previous year. The median age of the city’s residents is 30. The average household income is $75,683, shifting growth 4% from the past year, and the average property value in Royse City, TX growth 5% to $149,600 throughout the year.
|Number Of Employees||5,342|
|Median Property Value||$149,600|
The average household income in Royse City, TX grew from $72,593 to $75,683 in the past year. This data is an estimate based upon 3,401 households in Royse City, TX . The chart below presents how household income is distributed in Royse City, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Royse City, TX shifted from $142,400 to $149,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Royse City, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Royse City, TX properties falls in the '$125,000 to $149,999' 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 Royse City, TX compared to median property taxes around the country. The prevalent amount of property taxes in Royse City, TX equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|2 bed for sale||$227,450||-43.6%|
|3 bed for sale||$400,145||-1.2%|
|4+ bed for sale||$590,647||+26.9%|
During Jul 2022, the average price for an apartment in/near Royse City, TX increased by 15.9% to $513,155.
Asking price for 2-bed apartment also decreased by 43.6% and a place of this size will now cost you $227,450. A 3-bed apartment goes for $400,145, it decreased by 1.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 26.9% and made it up to $590,647.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$469,333||+5.7%|
|Land for sale||$1,164,646||+175.6%|
Price reports demonstrate that house price increased by 5.7% this month making it up to $469,333.