According to statistics, the population in Joliet, IL amounts to 148,172, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $63,359, shifting growth 2% from the past year, and the average property value in Joliet, IL growth 1% to $165,600 throughout the year.
|Number Of Employees||71,677|
|Median Property Value||$165,600|
The average household income in Joliet, IL grew from $61,834 to $63,359 in the past year. This data is an estimate based upon 47,612 households in Joliet, IL . The chart below presents how household income is distributed in Joliet, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Joliet, IL shifted from $163,900 to $165,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Joliet, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Joliet, IL properties falls in the '$200,000 to $249,999' 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 Joliet, IL compared to median property taxes around the country. The prevalent amount of property taxes in Joliet, IL equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$109,950||N/A|
|2 bed for sale||$212,813||+13.1%|
|3 bed for sale||$259,653||+2.7%|
|4+ bed for sale||$301,439||-10.9%|
During Jul 2022, the average price for an apartment in/near Joliet, IL decreased by 1.1% to $263,791.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $109,950 with no changes this month. Asking price for 2-bed apartment also increased by 13.1% and a place of this size will now cost you $212,813. A 3-bed apartment goes for $259,653, it increased by 2.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 10.9% and made it down to $301,439.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$264,700||+16.7%|
|Houses for sale||$268,885||-1.1%|
|Land for sale||$158,611||-47.2%|
|Condos for sale||$232,715||+10.6%|
|Duplexes for sale||$259,938||-1.6%|
Price reports demonstrate that house price decreased by 1.1% this month making it up to $268,885. Condos are really in demand in this season. The median price for a condo increased by 10.6%, it’s now available for $232,715. You can now purchase a duplex for just $259,938, duplex price decreased by 1.6% this month. The property value of townhouses increased by 16.7%, you’ll have to spend around $264,700 to get one.