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According to statistics, the population in Suffolk, VA amounts to 88,057, which shows growth 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $68,089, shifting growth 4% from the past year, and the average property value in Suffolk, VA decline 1% to $238,200 throughout the year.
|Number Of Employees||41,009|
|Median Property Value||$238,200|
The average household income in Suffolk, VA grew from $65,435 to $68,089 in the past year. This data is an estimate based upon 32,331 households in Suffolk, VA . The chart below presents how household income is distributed in Suffolk, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Suffolk, VA shifted from $236,600 to $238,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Suffolk, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Suffolk, VA properties falls in the '$200,000 to $249,999' 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 Suffolk, VA compared to median property taxes around the country. The prevalent amount of property taxes in Suffolk, VA equals $3000, which is less than the national average.