According to statistics, the population in Sanford, FL amounts to 57,979, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $42,025, shifting growth 5% from the past year, and the average property value in Sanford, FL growth 8% to $113,100 throughout the year.
|Number Of Employees||25,368|
|Median Property Value||$113,100|
The average household income in Sanford, FL grew from $39,989 to $42,025 in the past year. This data is an estimate based upon 19,864 households in Sanford, FL . The chart below presents how household income is distributed in Sanford, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Sanford, FL shifted from $105,100 to $113,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sanford, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sanford, FL 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 Sanford, FL compared to median property taxes around the country. The prevalent amount of property taxes in Sanford, FL equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Sanford, FL decreased by 5.8% to $326,722.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 61.5% to $119,450. Asking price for 2-bed apartment also increased by 5.2% and a place of this size will now cost you $243,508. A 3-bed apartment goes for $303,455, it decreased by 13.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.7% and made it down to $420,812.
The average cost of an apartment in Sanford, FL decreased by 0% to $74,977. Price reports demonstrate that house price decreased by 14.1% this month making it up to $330,450. Condos faced an upward trend these days. The median price for a condo decreased by 1.9%, it’s now available for $269,853. You can now purchase a duplex for just $550,000, duplex price increased by 58.3% this month. The price dynamics of lofts changed, it decreased by 23.5%, the price tag now starts at $468,907. The property value of townhouses increased by 3.9%, you’ll have to spend around $331,314 to get one.