According to statistics, the population in Savoy, IL amounts to 8,551, which shows growth 5% compared to the previous year. The median age of the city’s residents is 33. The average household income is $67,177, shifting growth 9% from the past year, and the average property value in Savoy, IL growth 3% to $216,100 throughout the year.
|Number Of Employees||4,012|
|Median Property Value||$216,100|
The average household income in Savoy, IL grew from $61,646 to $67,177 in the past year. This data is an estimate based upon 3,492 households in Savoy, IL . The chart below presents how household income is distributed in Savoy, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Savoy, IL shifted from $209,800 to $216,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Savoy, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Savoy, 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 Savoy, IL compared to median property taxes around the country. The prevalent amount of property taxes in Savoy, IL equals $3000, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Savoy, IL decreased by 0.4% to $465,337.
The average price of the land for sale in Savoy, IL has not changed significantly since last month, being $588,500. A 3-bed apartment goes for $415,961, it increased by 2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0% and made it up to $455,600.
|Listing Type||Jan||vs Last Month|
|Land for sale||$57,000||+0%|
|Houses for sale||$509,721||-1%|
Price reports demonstrate that house price decreased by 1% this month making it up to $509,721. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $57,000.