Housing costs in Bellwood?
A typical home costs
$212,400, which is 37.2% less expensive than the national average of
$338,100 and 12.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bellwood costs
$1,290 per month, which is 2.4% more than the national average of
$1,260 and 8.5% cheaper than the state average of
$1,400.
Can I afford Bellwood?
To live comfortably in Bellwood (zip 60104), Illinois, a minimum annual income of
$40,680 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Bellwood?
The cost of living in 60104 Bellwood, IL is relatively low compared to other parts of the state. The area's median home price is $144,900 and the median rent is around $1,250 per month. The local unemployment rate is 5.4%, which is below the national average. Furthermore, the area's overall crime rate has been trending downward over the past decade while the property taxes remain lower than the rest of Illinois. This provides a great opportunity for people looking to move into a safe and affordable neighborhood that offers plenty of job opportunities and amenities.