According to statistics, the population in Normal, IL amounts to 54,531, which shows decline 0% compared to the previous year. The median age of the city’s residents is 24. The average household income is $56,363, shifting growth 3% from the past year, and the average property value in Normal, IL growth 1% to $165,400 throughout the year.
|Number Of Employees||29,551|
|Median Property Value||$165,400|
The average household income in Normal, IL grew from $54,496 to $56,363 in the past year. This data is an estimate based upon 19,359 households in Normal, IL . The chart below presents how household income is distributed in Normal, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Normal, IL shifted from $163,100 to $165,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Normal, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Normal, IL properties falls in the '$150,000 to $174,999' 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 Normal, IL compared to median property taxes around the country. The prevalent amount of property taxes in Normal, IL equals $3000, which is less than the national average.