According to statistics, the population in Calumet City, IL amounts to 37,091, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $42,403, shifting growth 4% from the past year, and the average property value in Calumet City, IL decline 0% to $101,100 throughout the year.
|Number Of Employees||15,770|
|Median Property Value||$101,100|
The average household income in Calumet City, IL grew from $40,845 to $42,403 in the past year. This data is an estimate based upon 13,534 households in Calumet City, IL . The chart below presents how household income is distributed in Calumet City, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Calumet City, IL shifted from $101,500 to $101,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Calumet City, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Calumet City, 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 Calumet City, IL compared to median property taxes around the country. The prevalent amount of property taxes in Calumet City, IL equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$139,900||N/A|
|2 bed for sale||$140,728||+44.2%|
|3 bed for sale||$192,062||+9.8%|
|4+ bed for sale||$222,958||+9.1%|
During Jul 2022, the average price for an apartment in/near Calumet City, IL increased by 13.8% to $193,687.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $139,900 with no changes this month. Asking price for 2-bed apartment also increased by 44.2% and a place of this size will now cost you $140,728. A 3-bed apartment goes for $192,062, it increased by 9.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 9.1% and made it up to $222,958.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$169,900||+62%|
|Houses for sale||$195,927||+11.2%|
|Condos for sale||$81,450||-9.3%|
|Duplexes for sale||$245,000||N/A|
Price reports demonstrate that house price increased by 11.2% this month making it up to $195,927. Condos faced an upward trend these days. The median price for a condo decreased by 9.3%, it’s now available for $81,450. An average value of duplex is $245,000, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 62%, you’ll have to spend around $169,900 to get one.