What is the median home price in Galena?

The median home price in Galena, Galena city, Illinois is $176,500, which is 37% below the national average of 281,900 ($281,900).

Galena, Galena city, Illinois has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the median household income in Galena?

The median household income in Galena, Galena city, Illinois is $52,734, which is 29% below the national average of 74,580 ($74,580).

What is the average rent in Galena?

The median rent in Galena, Galena city, Illinois is $712 per month. The national average median rent is $1,163/month.

What is the population of Galena?

The population of Galena, Galena city, Illinois is approximately 2,992. The homeownership rate is 62.8% (national average: 65.9%).

What is the unemployment rate in Galena?

The unemployment rate in Galena, Galena city, Illinois is 0.0%. The national average unemployment rate is 3.7%. The poverty rate is 9.9% (national average: 12.4%).

Galena

Galena city, Illinois

Affordable

About Galena

Nestled in the rolling hills of northwest Illinois, Galena offers a charming escape from the hustle and bustle, a place where history whispers from every cobblestone street. With a population just shy of 3,000, it’s a tight-knit community where neighbors know each other and the pace of life slows to a more manageable rhythm. What truly sets Galena apart is its remarkable affordability; the median home value here hovers around $176,500, a stark contrast to the national median. This makes it an attractive option for those seeking a high quality of life without the hefty price tag.

From an investment perspective, Galena presents a compelling case. While the median household income of around $52,734 is somewhat below the national average, the lower cost of living more than compensates. The town is known for its safety and walkability, although specific scores are not available, residents can easily get around on foot. Galena is ideal for retirees, young families, and anyone looking for a more relaxed lifestyle.

Galena, Illinois at a Glance

Galena is a city in Galena city, Illinois with a population of approximately 2,992. The median home value is $176,500 and the median household income is $52,734.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $712 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.