Real Estate details: Carmel IN vs Galena IL
RE Insights
| Metric | Carmel | Galena |
|---|---|---|
| Population | 101,964 | 3,254 |
| Median Home Price | $396,000 | $275,000 |
| Rent | 25% | 37% |
| Own | 75% | 63% |
Real Estate Insights Comparison: Carmel vs Galena
- Carmel has a larger population of 101,964 compared to 3,254 in Galena.
- A higher median home price of $396,000 is found in Carmel compared to $275,000 in Galena.
- The rent percentage in Galena is higher at 37% compared to 25% in Carmel.
- A greater percentage of homeowners in Carmel at 75% compared to 63% in Galena.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.