According to statistics, the population in Alton, IL amounts to 27,037, which shows decline -1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $37,495, shifting growth 1% from the past year, and the average property value in Alton, IL growth 1% to $80,400 throughout the year.
|Number Of Employees||11,034|
|Median Property Value||$80,400|
The average household income in Alton, IL grew from $37,108 to $37,495 in the past year. This data is an estimate based upon 11,508 households in Alton, IL . The chart below presents how household income is distributed in Alton, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Alton, IL shifted from $79,600 to $80,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Alton, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Alton, IL properties falls in the '$100,000 to $124,999' 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 Alton, IL compared to median property taxes around the country. The prevalent amount of property taxes in Alton, IL equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$25,875||-75.8%|
|1 bed for sale||$30,000||N/A|
|2 bed for sale||$79,059||-0.4%|
|3 bed for sale||$181,005||+48.4%|
|4+ bed for sale||$246,990||+3.1%|
During Jul 2022, the average price for an apartment in/near Alton, IL increased by 14.7% to $142,835.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $30,000 with no changes this month. Asking price for 2-bed apartment also decreased by 0.4% and a place of this size will now cost you $79,059. A 3-bed apartment goes for $181,005, it increased by 48.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 3.1% and made it up to $246,990.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$69,000||N/A|
|Houses for sale||$142,835||+13.4%|
|Land for sale||$49,900||N/A|
|Duplexes for sale||$145,000||N/A|
While assessing the property pricing Alton, IL, you can note that it remains flat with a price tag of $69,000. Price reports demonstrate that house price increased by 13.4% this month making it up to $142,835. An average value of duplex is $145,000, thus a median price for a duplex remains the same this month.