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Beason

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

Median Home$154,400
Median Rent$837/month
Population139
Leading IndustriesTransportation · Construction · Agriculture & Mining8% transportation
Home Value Growth+3.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners81% of occupied units
NotableAffordable Market$154k median home · lower cost than 72% of the country
Beason
IL

Frequently Asked Questions

What are today's mortgage rates in Beason?

As of today, the 30-year fixed mortgage rate for Beason is approximately 6.994% (7.003% 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 Beason?

The median home value in Beason is $154k. The median monthly rent is $837. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beason?

Home values in Beason have increased 3.5% 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 Beason?

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 Beason is $82k/year.

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What industries drive the economy in Beason?

The largest employment sectors in Beason are public administration (23%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.