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Bethany

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

Median Home$138,800
Median Rent$861/month
Population1,189
Leading IndustriesInformation & Media · Finance & Insurance · Construction9% information & media
Home Value Growth⬆⬆⬆+55.6% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners80% of occupied units
Bethany
IL

Frequently Asked Questions

What are today's mortgage rates in Bethany?

As of today, the 30-year fixed mortgage rate for Bethany is approximately 6.999% (7.011% 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 Bethany?

The median home value in Bethany is $139k. The median monthly rent is $861. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bethany?

Home values in Bethany have increased 55.6% 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 Bethany?

Based on a typical all-in ownership cost of $943/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bethany is $77k/year.

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What industries drive the economy in Bethany?

The largest employment sectors in Bethany are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.