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Auburn

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

Median Home$152,700
Median Rent$982/month
Population4,419
Leading IndustryPublic Administration33% of local workforce
Home Value Growth⬆⬆+14.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners84% of occupied units
Auburn
IL

Frequently Asked Questions

What are today's mortgage rates in Auburn?

As of today, the 30-year fixed mortgage rate for Auburn is approximately 7.117% (7.132% 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 Auburn?

The median home value in Auburn is $153k. The median monthly rent is $982. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Auburn?

Home values in Auburn have increased 14.8% 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 Auburn?

Based on a typical all-in ownership cost of $898/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Auburn is $82k/year.

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What industries drive the economy in Auburn?

The largest employment sectors in Auburn are public administration (33%) and healthcare (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.