What is the median home price in Galesburg?

The median home price in Galesburg, Galesburg city, Illinois is $86,500, which is 69% below the national average of 281,900 ($281,900).

Galesburg, Galesburg 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 Walk Score for Galesburg?

Galesburg, Galesburg city, Illinois has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 21/100.

What is the median household income in Galesburg?

The median household income in Galesburg, Galesburg city, Illinois is $42,346, which is 43% below the national average of 74,580 ($74,580).

What is the average rent in Galesburg?

The median rent in Galesburg, Galesburg city, Illinois is $1,354 per month. The national average median rent is $1,163/month.

What is the air quality in Galesburg?

Galesburg, Galesburg city, Illinois has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Galesburg?

The population of Galesburg, Galesburg city, Illinois is approximately 29,923. The homeownership rate is 90.0% (national average: 65.9%).

What are the climate risks in Galesburg?

Galesburg, Galesburg city, Illinois has an overall climate risk rating of "Relatively Moderate" with a risk score of 73.10. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Galesburg affordable?

Galesburg, Galesburg city, Illinois has an affordability index of 218, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 15.0¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Galesburg?

The unemployment rate in Galesburg, Galesburg city, Illinois is 5.2%. The national average unemployment rate is 3.7%. The poverty rate is 20.6% (national average: 12.4%).

Galesburg

Galesburg city, Illinois

Affordable

About Galesburg

Galesburg, Illinois, offers a refreshing alternative to the soaring costs of living that plague much of the nation. Imagine owning a home for a fraction of the price – here, the median home value sits at a remarkably accessible $86,500, a stark contrast to the national average. This affordability translates to a relaxed lifestyle, where your hard-earned dollars stretch further, allowing you to enjoy more of what life has to offer. While the median household income of $42,346 is lower than the national figure, the significantly lower cost of living provides a comfortable standard of living. Galesburg boasts a friendly, close-knit community vibe that welcomes newcomers with open arms.

From an investment perspective, Galesburg presents a compelling opportunity. The housing market, while affordable, offers potential for appreciation as the area continues to attract those seeking a more budget-friendly lifestyle. While I don't have unemployment data on hand to share, the local economy supports a variety of industries. Galesburg is known for its safety, making it an ideal location for families and individuals alike. This city is particularly well-suited for first-time homebuyers, those looking to downsize, or anyone seeking a more relaxed and cost-effective way of life.

Galesburg, Illinois at a Glance

Galesburg is a city in Galesburg city, Illinois with a population of approximately 29,923. The median home value is $86,500 and the median household income is $42,346. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.