According to statistics, the population in Wheat Ridge, CO amounts to 31,162, which shows decline 0% compared to the previous year. The median age of the city’s residents is 42. The average household income is $52,747, shifting growth 7% from the past year, and the average property value in Wheat Ridge, CO growth 10% to $306,900 throughout the year.
|Number Of Employees||16,614|
|Median Property Value||$306,900|
The average household income in Wheat Ridge, CO grew from $49,340 to $52,747 in the past year. This data is an estimate based upon 14,398 households in Wheat Ridge, CO . The chart below presents how household income is distributed in Wheat Ridge, CO in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Wheat Ridge, CO shifted from $278,700 to $306,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Wheat Ridge, CO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Wheat Ridge, CO properties falls in the '$300,000 to $399,999' 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 Wheat Ridge, CO compared to median property taxes around the country. The prevalent amount of property taxes in Wheat Ridge, CO equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$1,750,000||N/A|
|1 bed for sale||$625,000||+19.1%|
|2 bed for sale||$527,518||+15%|
|3 bed for sale||$572,662||-13%|
|4+ bed for sale||$904,650||-15.6%|
During Jul 2022, the average price for an apartment in/near Wheat Ridge, CO decreased by 4.3% to $720,199.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 19.1% to $625,000. Asking price for 2-bed apartment also increased by 15% and a place of this size will now cost you $527,518. A 3-bed apartment goes for $572,662, it decreased by 13% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 15.6% and made it down to $904,650.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$812,079||-0.3%|
|Condos for sale||$559,014||+31.7%|
|Land for sale||$999,000||-27.3%|
Price reports demonstrate that house price decreased by 0.3% this month making it up to $812,079. Condos are really in demand in this season. The median price for a condo increased by 31.7%, it’s now available for $559,014.