According to statistics, the population in Salisbury, MD amounts to 32,368, which shows decline 0% compared to the previous year. The median age of the city’s residents is 28. The average household income is $37,416, shifting decline -1% from the past year, and the average property value in Salisbury, MD decline 0% to $153,700 throughout the year.
|Number Of Employees||15,468|
|Median Property Value||$153,700|
The average household income in Salisbury, MD declined from $37,780 to $37,416 in the past year. This data is an estimate based upon 12,246 households in Salisbury, MD . The chart below presents how household income is distributed in Salisbury, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Salisbury, MD shifted from $154,000 to $153,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Salisbury, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Salisbury, MD properties falls in the '$150,000 to $174,999' 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 Salisbury, MD compared to median property taxes around the country. The prevalent amount of property taxes in Salisbury, MD equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Salisbury, MD decreased by 1.2% to $302,335.
Asking price for 2-bed apartment also decreased by 14% and a place of this size will now cost you $145,170. A 3-bed apartment goes for $266,927, it decreased by 0.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 7.9% and made it down to $405,860.
While assessing the property pricing Salisbury, MD, you can note that it remains flat with a price tag of $158,333. Price reports demonstrate that house price increased by 0.1% this month making it up to $332,154. Condos faced an upward trend these days. The median price for a condo decreased by 0%, it’s now available for $207,850. The price dynamics of lofts changed, it decreased by 8.9%, the price tag now starts at $389,378. Value of the townhouses didn’t change, the price still starts at $234,900.