According to statistics, the population in Sugar Land, TX amounts to 86,886, which shows growth 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $108,994, shifting decline 0% from the past year, and the average property value in Sugar Land, TX growth 3% to $292,700 throughout the year.
|Number Of Employees||41,907|
|Median Property Value||$292,700|
The average household income in Sugar Land, TX grew from $108,504 to $108,994 in the past year. This data is an estimate based upon 28,856 households in Sugar Land, TX . The chart below presents how household income is distributed in Sugar Land, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Sugar Land, TX shifted from $283,400 to $292,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sugar Land, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sugar Land, TX properties falls in the '$300,000 to $399,999' 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 Sugar Land, TX compared to median property taxes around the country. The prevalent amount of property taxes in Sugar Land, TX equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|2 bed for sale||$349,900||+20%|
|3 bed for sale||$350,631||-5.3%|
|4+ bed for sale||$852,081||+35.5%|
During Jul 2022, the average price for an apartment in/near Sugar Land, TX increased by 34% to $709,868.
Asking price for 2-bed apartment also increased by 20% and a place of this size will now cost you $349,900. A 3-bed apartment goes for $350,631, it decreased by 5.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 35.5% and made it up to $852,081.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$715,322||+31.2%|
|Condos for sale||$349,900||+29%|
|Land for sale||$59,000||N/A|
Price reports demonstrate that house price increased by 31.2% this month making it up to $715,322. Condos are really in demand in this season. The median price for a condo increased by 29%, it’s now available for $349,900.