Downers Grove, IL 60516 has a population of approximately 29,006 and experiences a population change rate of -5.19%. The population density is 3,672.1 / sq mi .
Downers Grove, IL 60516 Real Estate for Sale

$300,000
2 Beds · 2 Baths · 1,200 Sq. Ft.

$300,000
2 Beds · 2 Baths · 1,200 Sq. Ft.
Downers Grove, IL 60516 has a population of approximately 29,006 and experiences a population change rate of -5.19%. The population density is 3,672.1 / sq mi .
The median household income for Downers Grove, IL 60516 is $104,143, with 11,822 households and an average household size of 2.46.
The median value of a home in Downers Grove, IL 60516 is $374,500 with an appreciation rate of 14.10%. 73.60% of housing in the state is owned while 21.73% is rented.
The cost of living in Downers Grove, IL 60516 is 132.7 %.
The unemployment rate in Downers Grove, IL 60516 is 2.60%, and recent job growth is at 1.11%. Future job growth is projected at 47.94%.
The sales tax rate in Downers Grove, IL 60516 is 8.00%, while the income tax rate is 4.95% .
School expenditures in Downers Grove, IL 60516 are $22,018, and the school ratio is 13.4:1.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 15 degrees. The average rainfall is approximately 38.6 inches per year, with 29.8 inches of snow per year.