According to statistics, the population in Highland, IL amounts to 10,031, which shows growth 2% compared to the previous year. The median age of the city’s residents is 38. The average household income is $52,788, shifting decline -6% from the past year, and the average property value in Highland, IL decline -3% to $146,900 throughout the year.
|Number Of Employees||4,915|
|Median Property Value||$146,900|
The average household income in Highland, IL declined from $55,941 to $52,788 in the past year. This data is an estimate based upon 4,188 households in Highland, IL . The chart below presents how household income is distributed in Highland, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Highland, IL shifted from $151,800 to $146,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Highland, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Highland, IL properties falls in the '$125,000 to $149,999' 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 Highland, IL compared to median property taxes around the country. The prevalent amount of property taxes in Highland, IL equals $3000, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Highland, IL increased by 3.2% to $200,966.
Knowing the current property prices is key if you plan to buy a studio in Highland, IL. The average price for a studio has increased since the last month, currently being $131,194. Asking price for 2-bed apartment also increased by 33% and a place of this size will now cost you $93,058. A 3-bed apartment goes for $228,482, it decreased by 1.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6.5% and made it up to $303,000.
Price reports demonstrate that house price decreased by 1.1% this month making it up to $201,859. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $160,000. The average price of the land for sale in Highland, IL has increased by 94.6%, and now equals $197,375.