According to statistics, the population in Santa Clara, CA amounts to 124,635, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $108,609, shifting growth 6% from the past year, and the average property value in Santa Clara, CA growth 13% to $831,600 throughout the year.
|Number Of Employees||66,752|
|Median Property Value||$831,600|
The average household income in Santa Clara, CA grew from $102,533 to $108,609 in the past year. This data is an estimate based upon 43,417 households in Santa Clara, CA . The chart below presents how household income is distributed in Santa Clara, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Santa Clara, CA shifted from $734,500 to $831,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Santa Clara, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Santa Clara, CA properties falls in the '$750,000 to $999,999' range, which is higher 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 Santa Clara, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Clara, CA equals $3000, which is less than the national average.
|Apr||vs Last Month|
|4+ bed apartments||$1,906,194||+10.3%|
During April 2023, the average price for an apartment in/near Santa Clara, CA increased by 7.8% to $1,424,600.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 5.5% to $622,193. Asking price for 2-bed apartment also increased by 12.1% and a place of this size will now cost you $983,571. A 3-bed apartment goes for $1,523,325, it increased by 12.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 10.3% and made it up to $1,906,194.
|Apr||vs Last Month|
|Condos for sale||$985,584||+9.6%|
|Houses for sale||$1,738,182||+14%|
Price reports demonstrate that house price increased by 14% this month making it up to $1,738,182. Condos are really in demand in this season. The median price for a condo increased by 9.6%, it’s now available for $985,584.