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Andres

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

Median Home$283,200
Median Rent$986/month
Population44
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare6% professional services
Home Value Growth⬆⬆+13.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners68% of occupied units
NotableHighly Educated25% bachelor's · 19% graduate · top 18% nationally
Andres
IL

Frequently Asked Questions

What are today's mortgage rates in Andres?

As of today, the 30-year fixed mortgage rate for Andres is approximately 6.918% (6.925% 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 Andres?

The median home value in Andres is $283k. The median monthly rent is $986. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Andres?

Home values in Andres have increased 13.6% 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.

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

Based on a typical all-in ownership cost of $1,324/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Andres is $81k/year.

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What industries drive the economy in Andres?

The largest employment sectors in Andres are public administration (24%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.