According to statistics, the population in Vail, CO amounts to 5,425, which shows growth 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $73,981, shifting growth 1% from the past year, and the average property value in Vail, CO growth 22% to $677,100 throughout the year.
|Number Of Employees||3,868|
|Median Property Value||$677,100|
The average household income in Vail, CO grew from $73,125 to $73,981 in the past year. This data is an estimate based upon 2,206 households in Vail, CO . The chart below presents how household income is distributed in Vail, CO in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Vail, CO shifted from $556,600 to $677,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Vail, CO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Vail, CO properties falls in the '$750,000 to $999,999' 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 Vail, CO compared to median property taxes around the country. The prevalent amount of property taxes in Vail, CO equals $3000, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Vail, CO decreased by 10.9% to $3,697,881.
Knowing the current property prices is key if you plan to buy a studio in Vail, CO. The average price for a studio has increased since the last month, currently being $629,167. After collecting all data points, we now see that the average price for 1-bed apartment increased by 31.5% to $1,395,000. Asking price for 2-bed apartment also decreased by 4.5% and a place of this size will now cost you $892,200. A 3-bed apartment goes for $2,606,624, it decreased by 12.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.3% and made it down to $6,055,891.
Price reports demonstrate that house price decreased by 15.3% this month making it up to $3,558,333. Condos faced an upward trend these days. The median price for a condo decreased by 17.8%, it’s now available for $3,357,390. An average value of duplex is $5,415,000, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it decreased by 1.5%, the price tag now starts at $1,001,666. Value of the townhouses didn’t change, the price still starts at $23,000,000. Other types of properties for sale would cost $585,000 on average. Our data shows that this amount has stayed roughly the same compared to Dec.