Housing costs in German Valley?
A typical home costs
$155,500, which is 54.0% less expensive than the national average of
$338,100 and 35.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in German Valley costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 29.9% cheaper than the state average of
$1,260.
Can I afford German Valley?
To live comfortably in German Valley (zip 61039), Illinois, a minimum annual income of
$29,880 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about German Valley?
The cost of living in 61039 German Valley, IL is quite reasonable for many. According to the United States Census Bureau, the median household income for the area is $56,135, which is slightly above the national median. The median home value is estimated at $196,400 and the median rent price for a two-bedroom apartment is around $1,094 per month. Taxes are slightly higher than other areas in Illinois due to the location in Stephenson County, but overall costs are still lower than other parts of the state. Groceries and healthcare costs tend to be lower than most places as well, allowing residents to stretch their money further when compared with other places.