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Learn about the people, housing, costs and businesses in Algonquin, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Algonquin.
True all-in cost — P&I, taxes, insurance & utilities for homes in Algonquin.
Find and compare lenders active near Algonquin.
FEMA flood zones and flood insurance estimates for Algonquin.
Seismic risk and earthquake insurance estimates for Algonquin.
Wildfire exposure and insurance estimates for Algonquin.
As of today, the 30-year fixed mortgage rate for Algonquin is approximately 6.898% (6.904% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for AlgonquinThe median home value in Algonquin is $340k. The median monthly rent is $1,862. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Algonquin have increased 19.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,969/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Algonquin is $131k/year.
Calculate your buying powerThe largest employment sectors in Algonquin are public administration (21%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.