According to statistics, the population in Tappahannock, VA amounts to 1,869, which shows decline -9% compared to the previous year. The median age of the city’s residents is 45. The average household income is $35,120, shifting growth 10% from the past year, and the average property value in Tappahannock, VA growth 3% to $163,500 throughout the year.
Population | 1,869 |
Median Age | 45.3 |
Poverty Rate | 28% |
Household Income | $35,120 |
Number Of Employees | 781 |
Median Property Value | $163,500 |
The average household income in Tappahannock, VA grew from $31,944 to $35,120 in the past year. This data is an estimate based upon 795 households in Tappahannock, VA . The chart below presents how household income is distributed in Tappahannock, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Tappahannock, VA shifted from $159,100 to $163,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Tappahannock, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Tappahannock, 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 Tappahannock, VA compared to median property taxes around the country. The prevalent amount of property taxes in Tappahannock, VA equals $1150, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $243,725 | +0% |
2-bed apartments | $206,064 | +17.2% |
3-bed apartments | $234,029 | +9.4% |
4+ bed apartments | $973,800 | -3.2% |
During March 2023, the average price for an apartment in/near Tappahannock, VA increased by 12.5% to $317,543.
The average price of the land for sale in Tappahannock, VA has not changed significantly since last month, being $243,725. Asking price for 2-bed apartment also increased by 17.2% and a place of this size will now cost you $206,064. A 3-bed apartment goes for $234,029, it increased by 9.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 3.2% and made it down to $973,800.
Listing Type | Feb | vs Last Month |
---|---|---|
Houses for sale | $390,622 | +19.8% |
Townhouses for sale | $183,800 | +0% |
Other for sale | $274,966 | +0% |
Land for sale | $150,000 | +0% |
Condos for sale | $325,000 | N/A |
Price reports demonstrate that house price increased by 19.8% this month making it up to $390,622. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $325,000. Value of the townhouses didn’t change, the price still starts at $183,800. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $150,000. Other types of properties for sale would cost $274,966 on average. Our data shows that this amount has stayed roughly the same compared to February.