According to statistics, the population in South Hill, VA amounts to 4,438, which shows decline -1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $40,122, shifting decline -4% from the past year, and the average property value in South Hill, VA decline -9% to $121,900 throughout the year.
|Number Of Employees||2,117|
|Median Property Value||$121,900|
The average household income in South Hill, VA declined from $41,780 to $40,122 in the past year. This data is an estimate based upon 1,573 households in South Hill, VA . The chart below presents how household income is distributed in South Hill, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in South Hill, VA shifted from $133,300 to $121,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in South Hill, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of South Hill, VA 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 South Hill, VA compared to median property taxes around the country. The prevalent amount of property taxes in South Hill, VA equals $800, which is less than the national average.
During Nov 2022, the average price for an apartment in/near South Hill, VA increased by 24.3% to $157,170.
Asking price for 2-bed apartment also decreased by 15.4% and a place of this size will now cost you $57,090. A 3-bed apartment goes for $200,700, it increased by 93.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 16.4% and made it down to $275,980.
Price reports demonstrate that house price increased by 0.6% this month making it up to $145,634. An average value of duplex is $52,500, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $335,000.