According to statistics, the population in Bellwood, IL amounts to 19,165, which shows decline 0% compared to the previous year. The median age of the city’s residents is 37. The average household income is $55,205, shifting growth 8% from the past year, and the average property value in Bellwood, IL growth 3% to $120,000 throughout the year.
|Number Of Employees||9,346|
|Median Property Value||$120,000|
The average household income in Bellwood, IL grew from $51,173 to $55,205 in the past year. This data is an estimate based upon 6,172 households in Bellwood, IL . The chart below presents how household income is distributed in Bellwood, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bellwood, IL shifted from $116,000 to $120,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bellwood, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bellwood, 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 Bellwood, IL compared to median property taxes around the country. The prevalent amount of property taxes in Bellwood, IL equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|2 bed for sale||$210,920||+17.1%|
|3 bed for sale||$255,411||+6.8%|
|4+ bed for sale||$194,266||-21.3%|
During Jul 2022, the average price for an apartment in/near Bellwood, IL increased by 2.5% to $231,535.
Asking price for 2-bed apartment also increased by 17.1% and a place of this size will now cost you $210,920. A 3-bed apartment goes for $255,411, it increased by 6.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 21.3% and made it down to $194,266.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$190,000||+280.8%|
|Houses for sale||$248,206||+6.4%|
|Duplexes for sale||$190,000||N/A|
|Condos for sale||$49,900||N/A|
|Land for sale||$23,000||N/A|
Price reports demonstrate that house price increased by 6.4% this month making it up to $248,206. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $49,900. An average value of duplex is $190,000, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 280.8%, you’ll have to spend around $190,000 to get one.