According to statistics, the population in Scranton, PA amounts to 76,624, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $38,683, shifting growth 1% from the past year, and the average property value in Scranton, PA decline 0% to $104,800 throughout the year.
|Number Of Employees||32,674|
|Median Property Value||$104,800|
The average household income in Scranton, PA grew from $38,232 to $38,683 in the past year. This data is an estimate based upon 29,528 households in Scranton, PA . The chart below presents how household income is distributed in Scranton, PA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Scranton, PA shifted from $104,500 to $104,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Scranton, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Scranton, PA 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 Scranton, PA compared to median property taxes around the country. The prevalent amount of property taxes in Scranton, PA equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Scranton, PA decreased by 5.4% to $181,553.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $109,950 with no changes this month. Asking price for 2-bed apartment also increased by 9.1% and a place of this size will now cost you $128,271. A 3-bed apartment goes for $184,828, it increased by 18.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 13.4% and made it down to $215,363.
While assessing the property pricing Scranton, PA, you can note that it remains flat with a price tag of $124,175. Price reports demonstrate that house price decreased by 4.2% this month making it up to $192,048. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $149,150. You can now purchase a duplex for just $99,900, duplex price decreased by 33.5% this month. Value of the townhouses didn’t change, the price still starts at $532,499.