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Ashburn

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

Median Home$251,612
Median Rent$1,182/month
Population42,007
Leading IndustriesEducation · Finance & Insurance · Information & Media3% education
Home Value Growth⬆⬆+13.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners84% of occupied units
NotableHigh Incomes$84k/year · top 29% nationally
NotableAffordable Market$252k median home · lower cost than 68% of the country
Ashburn
IL

Frequently Asked Questions

What are today's mortgage rates in Ashburn?

As of today, the 30-year fixed mortgage rate for Ashburn is approximately 6.983% (7.033% 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 Ashburn?

The median home value in Ashburn is $252k. The median monthly rent is $1,182. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ashburn?

Home values in Ashburn 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 Ashburn?

Based on a typical all-in ownership cost of $1,428/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ashburn is $84k/year.

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What industries drive the economy in Ashburn?

The largest employment sectors in Ashburn are public administration (26%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas