According to statistics, the population in Wytheville, VA amounts to 8,041, which shows decline -2% compared to the previous year. The median age of the city’s residents is 50. The average household income is $47,273, shifting growth 31% from the past year, and the average property value in Wytheville, VA decline 0% to $175,000 throughout the year.
|Number Of Employees||3,301|
|Median Property Value||$175,000|
The average household income in Wytheville, VA grew from $36,010 to $47,273 in the past year. This data is an estimate based upon 3,694 households in Wytheville, VA . The chart below presents how household income is distributed in Wytheville, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Wytheville, VA shifted from $175,100 to $175,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Wytheville, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Wytheville, VA 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 Wytheville, VA compared to median property taxes around the country. The prevalent amount of property taxes in Wytheville, VA equals $1150, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Wytheville, VA increased by 0.4% to $210,412.
Knowing the current property prices is key if you plan to buy a studio in Wytheville, VA. The average price for a studio has increased since the last month, currently being $197,572. After collecting all data points, we now see that the average price for 1-bed apartment stands at $132,400 with no changes this month. Asking price for 2-bed apartment also decreased by 1.8% and a place of this size will now cost you $214,986. A 3-bed apartment goes for $218,600, it increased by 1.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.4% and made it down to $205,769.
Price reports demonstrate that house price increased by 0.7% this month making it up to $201,001. Condos faced an upward trend these days. The median price for a condo decreased by 11.3%, it’s now available for $194,257. The average price of the land for sale in Wytheville, VA has decreased by 22.5%, and now equals $419,850.