4 Elmwood, IL, USA apartments for sale
Elmwood
According to statistics, the population in Elmwood, IL amounts to 2,302, which shows growth 2% compared to the previous year. The median age of the city’s residents is 41. The average household income is $60,156, shifting growth 5% from the past year, and the average property value in Elmwood, IL growth 2% to $114,800 throughout the year.
| Population | 2,302 |
| Median Age | 41.3 |
| Poverty Rate | 8% |
| Household Income | $60,156 |
| Number Of Employees | 1,212 |
| Median Property Value | $114,800 |
Household Income
The average household income in Elmwood, IL grew from $57,270 to $60,156 in the past year. This data is an estimate based upon 881 households in Elmwood, IL . The chart below presents how household income is distributed in Elmwood, IL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Elmwood, IL shifted from $113,100 to $114,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elmwood, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elmwood, IL properties falls in the '$90,000 to $99,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elmwood, IL compared to median property taxes around the country. The prevalent amount of property taxes in Elmwood, IL equals $3000, which is less than the national average.
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