According to statistics, the population in Central City, IL amounts to 1,173, which shows growth 11% compared to the previous year. The median age of the city’s residents is 35. The average household income is $40,433, shifting growth 11% from the past year, and the average property value in Central City, IL decline -4% to $52,200 throughout the year.
|Number Of Employees||552|
|Median Property Value||$52,200|
The average household income in Central City, IL grew from $36,500 to $40,433 in the past year. This data is an estimate based upon 489 households in Central City, IL . The chart below presents how household income is distributed in Central City, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Central City, IL shifted from $54,100 to $52,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Central 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 Central 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 Central City, IL compared to median property taxes around the country. The prevalent amount of property taxes in Central City, IL equals $800, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Central City, IL increased by 27.2% to $176,429.
The average price of the land for sale in Central City, IL has not changed significantly since last month, being $14,950. Asking price for 2-bed apartment also increased by 43.9% and a place of this size will now cost you $115,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $120,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $200,000 for a big-family home.
|Listing Type||Jan||vs Last Month|
|Houses for sale||$176,429||-2%|
While assessing the property pricing Central City, IL, you can note that it remains flat with a price tag of $14,900. Price reports demonstrate that house price decreased by 2% this month making it up to $176,429. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $15,000.