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Amboy

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

Median Home$164,100
Median Rent$902/month
Population2,342
Leading IndustriesManufacturing · Wholesale Trade · Retail2% manufacturing
Home Value Growth+9.3% over 2 years
Young Adults26% of residents
Homeowners77% of occupied units
Amboy
IL

Frequently Asked Questions

What are today's mortgage rates in Amboy?

As of today, the 30-year fixed mortgage rate for Amboy is approximately 7.100% (7.114% 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 Amboy?

The median home value in Amboy is $164k. The median monthly rent is $902. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Amboy?

Home values in Amboy have increased 9.3% 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 Amboy?

Based on a typical all-in ownership cost of $967/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Amboy is $69k/year.

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What industries drive the economy in Amboy?

The largest employment sectors in Amboy are retail (18%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.