According to statistics, the population in Waterville, ME amounts to 16,374, which shows growth 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $37,093, shifting growth 14% from the past year, and the average property value in Waterville, ME growth 7% to $129,500 throughout the year.
|Number Of Employees||6,898|
|Median Property Value||$129,500|
The average household income in Waterville, ME grew from $32,403 to $37,093 in the past year. This data is an estimate based upon 7,219 households in Waterville, ME . The chart below presents how household income is distributed in Waterville, ME in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Waterville, ME shifted from $121,300 to $129,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Waterville, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Waterville, ME properties falls in the '$150,000 to $174,999' 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 Waterville, ME compared to median property taxes around the country. The prevalent amount of property taxes in Waterville, ME equals $2500, which is less than the national average.
|Apartment Size||Feb||vs Last Month|
|4+ bed apartments||$291,699||+72.9%|
During February 2023, the average price for an apartment in/near Waterville, ME decreased by 7.2% to $208,940.
Knowing the current property prices is key if you plan to buy a studio in Waterville, ME. The average price for a studio has decreased since the last month, currently being $100,633. Asking price for 2-bed apartment also increased by 41.6% and a place of this size will now cost you $145,780. A 3-bed apartment goes for $217,714, it decreased by 71.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 72.9% and made it up to $291,699.
|Listing Type||Feb||vs Last Month|
|Houses for sale||$245,726||+4.5%|
|Land for sale||$100,633||-35%|
|Condos for sale||$152,225||N/A|
Price reports demonstrate that house price increased by 4.5% this month making it up to $245,726. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $152,225. The average price of the land for sale in Waterville, ME has decreased by 35%, and now equals $100,633.