According to statistics, the population in Tiverton, RI amounts to 7,727, which shows growth 3% compared to the previous year. The median age of the city’s residents is 49. The average household income is $71,615, shifting growth 5% from the past year, and the average property value in Tiverton, RI decline 1% to $245,800 throughout the year.
|Number Of Employees||3,855|
|Median Property Value||$245,800|
The average household income in Tiverton, RI grew from $68,477 to $71,615 in the past year. This data is an estimate based upon 3,459 households in Tiverton, RI . The chart below presents how household income is distributed in Tiverton, RI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Tiverton, RI shifted from $243,700 to $245,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Tiverton, RI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Tiverton, RI 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 Tiverton, RI compared to median property taxes around the country. The prevalent amount of property taxes in Tiverton, RI equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$229,000||N/A|
|2 bed for sale||$603,833||+90.6%|
|3 bed for sale||$563,962||+4.6%|
|4+ bed for sale||$708,311||-12.3%|
During Jul 2022, the average price for an apartment in/near Tiverton, RI increased by 5.2% to $630,847.
Asking price for 2-bed apartment also increased by 90.6% and a place of this size will now cost you $603,833. A 3-bed apartment goes for $563,962, it increased by 4.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 12.3% and made it down to $708,311.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$229,000||N/A|
|Townhouses for sale||$570,000||+6.3%|
|Houses for sale||$707,527||+18.1%|
|Condos for sale||$299,000||+0%|
|Land for sale||$167,500||-81.6%|
While assessing the property pricing Tiverton, RI, you can note that it remains flat with a price tag of $229,000. Price reports demonstrate that house price increased by 18.1% this month making it up to $707,527. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $299,000. The property value of townhouses increased by 6.3%, you’ll have to spend around $570,000 to get one.