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Bethalto

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

Median Home$182,842
Median Rent$902/month
Population9,420
Leading IndustriesFinance & Insurance · Education · Information & Media6% finance & insurance
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableTransit79/100 · excellent transit access
Bethalto
IL

Frequently Asked Questions

What are today's mortgage rates in Bethalto?

As of today, the 30-year fixed mortgage rate for Bethalto is approximately 6.963% (6.974% 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 Bethalto?

The median home value in Bethalto is $183k. The median monthly rent is $902. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bethalto?

Home values in Bethalto have increased 12.8% 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 Bethalto?

Based on a typical all-in ownership cost of $996/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bethalto is $75k/year.

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What industries drive the economy in Bethalto?

The largest employment sectors in Bethalto are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.