According to statistics, the population in Schaumburg, IL amounts to 74,427, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $77,022, shifting growth 2% from the past year, and the average property value in Schaumburg, IL growth 4% to $241,100 throughout the year.
|Number Of Employees||41,316|
|Median Property Value||$241,100|
The average household income in Schaumburg, IL grew from $75,658 to $77,022 in the past year. This data is an estimate based upon 30,460 households in Schaumburg, IL . The chart below presents how household income is distributed in Schaumburg, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Schaumburg, IL shifted from $230,800 to $241,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Schaumburg, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Schaumburg, IL properties falls in the '$300,000 to $399,999' range, which is higher 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 Schaumburg, IL compared to median property taxes around the country. The prevalent amount of property taxes in Schaumburg, IL equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$102,566||N/A|
|1 bed for sale||$145,000||+6.6%|
|2 bed for sale||$234,888||+3.4%|
|3 bed for sale||$357,747||-4.9%|
|4+ bed for sale||$613,283||+14.1%|
During Aug 2022, the average price for an apartment in/near Schaumburg, IL increased by 16% to $357,391.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 6.6% to $145,000. Asking price for 2-bed apartment also increased by 3.4% and a place of this size will now cost you $234,888. A 3-bed apartment goes for $357,747, it decreased by 4.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 14.1% and made it up to $613,283.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$373,996||+9.2%|
|Condos for sale||$257,098||+22.3%|
|Townhouses for sale||$273,517||+1.3%|
|Lofts for sale||$536,000||N/A|
|Duplexes for sale||$675,000||N/A|
|Land for sale||$1,730,750||N/A|
Price reports demonstrate that house price increased by 9.2% this month making it up to $373,996. Condos are really in demand in this season. The median price for a condo increased by 22.3%, it’s now available for $257,098. An average value of duplex is $675,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $536,000. The property value of townhouses increased by 1.3%, you’ll have to spend around $273,517 to get one.