According to statistics, the population in Terrace Heights, WA amounts to 7,849, which shows growth 5% compared to the previous year. The median age of the city’s residents is 40. The average household income is $56,408, shifting decline -1% from the past year, and the average property value in Terrace Heights, WA growth 6% to $197,400 throughout the year.
|Number Of Employees||3,412|
|Median Property Value||$197,400|
The average household income in Terrace Heights, WA declined from $57,151 to $56,408 in the past year. This data is an estimate based upon 3,058 households in Terrace Heights, WA . The chart below presents how household income is distributed in Terrace Heights, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Terrace Heights, WA shifted from $187,100 to $197,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Terrace Heights, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Terrace Heights, WA 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 Terrace Heights, WA compared to median property taxes around the country. The prevalent amount of property taxes in Terrace Heights, WA equals $3000, which is less than the national average.
|Apartment Size||Apr||vs Last Month|
|2 bed for sale||$113,300||N/A|
|3 bed for sale||$418,312||+25.6%|
|4+ bed for sale||$290,875||-23.1%|
During Apr 2022, the average price for an apartment in/near Terrace Heights, WA increased by 37.5% to $375,833.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $113,300. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $418,312. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $290,875 for a big-family home.
|Listing Type||Apr||vs Last Month|
|Apartments for sale||$154,750||-18.1%|
|Houses for sale||$420,050||+47.2%|
While assessing the property pricing Terrace Heights, WA, you can note that it remains flat with a price tag of $154,750. According to statistics, average house is still $420,050 with no significant changes this month.