According to statistics, the population in Palestine, IL amounts to 1,103, which shows decline -10% compared to the previous year. The median age of the city’s residents is 52. The average household income is $36,193, shifting growth 7% from the past year, and the average property value in Palestine, IL growth 5% to $56,200 throughout the year.
|Number Of Employees||441|
|Median Property Value||$56,200|
The average household income in Palestine, IL grew from $33,750 to $36,193 in the past year. This data is an estimate based upon 565 households in Palestine, IL . The chart below presents how household income is distributed in Palestine, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Palestine, IL shifted from $53,400 to $56,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Palestine, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Palestine, IL properties falls in the '$50,000 to $59,999' 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 Palestine, IL compared to median property taxes around the country. The prevalent amount of property taxes in Palestine, IL equals $800, which is less than the national average.
|Apartment Size||Jun||vs Last Month|
|3 bed for sale||$177,000||N/A|
|4+ bed for sale||$479,900||N/A|
During Jun 2022, the average price for an apartment in/near Palestine, IL increased by 171.1% to $479,900.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $177,000. 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 $479,900 for a big-family home.
|Listing Type||Jun||vs Last Month|
|Houses for sale||$479,900||+171.1%|
According to statistics, average house is still $479,900 with no significant changes this month.