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Bellflower

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

Median Home$218,000
Median Rent$1,009/month
Population333
Leading IndustriesTransportation · Construction · Agriculture & Mining8% transportation
Home Value Growth⬆⬆⬆+30.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners87% of occupied units
NotableHighly Educated34% hold a bachelor's degree · top 4% nationally
NotableHigh Incomes$108k/year · top 13% nationally
Bellflower
IL

Frequently Asked Questions

What are today's mortgage rates in Bellflower?

As of today, the 30-year fixed mortgage rate for Bellflower 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 Bellflower?

The median home value in Bellflower is $218k. The median monthly rent is $1,009. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bellflower?

Home values in Bellflower have increased 30.7% 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 Bellflower?

Based on a typical all-in ownership cost of $1,176/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bellflower is $108k/year.

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What industries drive the economy in Bellflower?

The largest employment sectors in Bellflower are public administration (18%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.