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Real Estate in St. Charles

St. Charles has a large mixture of homes in all price ranges to fit every income level. There are many small homes selling in the $200,000 to $299,000 price range as well as luxury estate homes selling for over one million dollars. According to a local real estate office, the median price home is approximately $386,099.

St. Charles has long enjoyed strong, steady property and home value appreciation. This trend continues, rewarding homebuyers with increasingly large home valuations. Such appreciation, coupled with an attractive per capita real estate tax, continues to enhance St. Charles’ image as a desirable place to live. Not only does the city have one of the lowest tax rates in the Chicagoland area, but the overall tax rate (all governments combined) is extremely competitive.

“The housing market in St. Charles has been going along pretty well,” explained George Schaaf, Jr. from Schaaf Window, a prosperous company that has been a strong part of the St. Charles housing market for several years. “We have done a lot of work in the past and are doing current work on new housing construction in the area.”

With its historic origins, St. Charles boasts many period homes showcasing the handsome, unique architecture of bygone eras.

Demographics
2006 Population • 31,834
Male • 15,870, 49.9%
Female • 15,964, 50.1%
Median age • 36.5
Average Household Size • 2.66
Average Family Size • 3.19
Detailed population demographics
from Northeastern Illinois Planning
Commission (NIPC) on-line at www.nipc.org.
Source: Special Census Sept. 2003

HOUSEHOLDS FOR ZIP CODES 60174 & 60175
2006 Estimate • 19,527
2011 Projection • 21,967
2000 Census • 16,643
1990 Census • 12,831
Growth 2006 - 2011 (projected) • 12.05%
Growth 2000 - 2006 (estimate) • 17.33%
Growth 1990 - 2000 • 29.71%
Source: Claritas, Inc. 2006

HOUSEHOLD INCOME
Income Less than $15,000 • 721 – 3.69%
Income $15,000 - $24,999 • 895 – 4.58%
Income $25,000 - $34,999 • 1,004 – 5.14%
Income $35,000 - $49,999 • 2,017 – 10.33%
Income $50,000 - $74,999 • 3,389 – 17.36%
Income $75,000 - $99,999 • 3,072 – 15.73%
Income $100,000 - $149,999 • 4,177 – 21.39%
Income $150,000 - $249,999 • 2,677 – 13.71%
Income $250,000 - $499,999 • 1,044 – 5.35%
Income $500,000 and more • 531 – 2.72%
2006 Est. Average Household Income • $118,875
2006 Est. Median Household Income • $89,139
2006 Est. Per Capita Income • $41,347
Source: Claritas, Inc. 2006

EDUCATIONAL ATTAINMENT, AGE 25+
Less than 9th grade • 846 – 2.43%
Some High School, no diploma • 1,616 – 4.64%
High School Graduate (or GED) • 7,042 – 20.23%
Some College, no degree • 7,181 – 20.63%
Associate Degree • 2,353 – 6.76%
Bachelor’s Degree • 10,496 – 30.16%
Master’s Degree • 3,868 – 11.11%
Professional School Degree • 917 – 2.63%
Doctorate Degree • 487 – 1.40%
Source: Claritas, Inc. 2006