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Alexis

Learn about the people, housing, costs and businesses in Alexis, Illinois

Median Home$118,262
Median Rent$743/month
Population782
Leading IndustriesFinance & Insurance · Information & Media · Construction12% finance & insurance
Home Value Growth+5.5% over 2 years
Retirees24% of residentsslightly above average
Homeowners85% of occupied units
NotableAffordable Market$118k median home · lower cost than 85% of the country
NotableVeteran Community9% of residents · top 22% nationally
Alexis
IL

Frequently Asked Questions

What are today's mortgage rates in Alexis?

As of today, the 30-year fixed mortgage rate for Alexis is approximately 7.625% (7.732% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alexis?

The median home value in Alexis is $118k. The median monthly rent is $743. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alexis?

Home values in Alexis have increased 5.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alexis?

Based on a typical all-in ownership cost of $800/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alexis is $68k/year.

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What industries drive the economy in Alexis?

The largest employment sectors in Alexis are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.