Housing costs in Polo?
A typical home costs
$133,500, which is 60.5% less expensive than the national average of
$338,100 and 44.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Polo costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford Polo?
To live comfortably in Polo (zip 61064), Illinois, a minimum annual income of
$25,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Polo?
The cost of living in 61064 Polo, IL is slightly above the national average. The median home price in the area is around $164,400 and the overall median household income is around $51,000. The sales tax rate is 6.25%, which is lower than the state's 6.5%. Utilities are slightly higher than average at an average of $150 per month for electricity and gas. The food costs are generally comparable to other areas in the nation; however, the property taxes tend to be quite high with an effective real estate tax rate of 2.92%. All in all, living in 61064 Polo, IL could be considered a bit more expensive than other parts of the country but still affordable overall.