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Learn about the people, housing, costs and businesses in Bishop Hill, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Bishop Hill.
True all-in cost — P&I, taxes, insurance & utilities for homes in Bishop Hill.
Find and compare lenders active near Bishop Hill.
FEMA flood zones and flood insurance estimates for Bishop Hill.
Seismic risk and earthquake insurance estimates for Bishop Hill.
Wildfire exposure and insurance estimates for Bishop Hill.
As of today, the 30-year fixed mortgage rate for Bishop Hill is approximately 7.019% (7.032% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Bishop HillThe median home value in Bishop Hill is $144k. The median monthly rent is $653. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Bishop Hill have increased 22.1% 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.
Based on a typical all-in ownership cost of $828/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bishop Hill is $66k/year.
Calculate your buying powerThe largest employment sectors in Bishop Hill are public administration (21%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.