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Bolingbrook

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

Median Home$311,230
Median Rent$1,944/month
Population74,091
Leading IndustriesFinance & Insurance · Transportation · Healthcare8% finance & insurance
Home Value Growth⬆⬆+18.0% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners78% of occupied units
NotableHigh Incomes$107k/year · top 13% nationally
NotableAmenity Score71/100 · highly walkable area
Bolingbrook
IL

Frequently Asked Questions

What are today's mortgage rates in Bolingbrook?

As of today, the 30-year fixed mortgage rate for Bolingbrook is approximately 6.895% (6.901% 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 Bolingbrook?

The median home value in Bolingbrook is $311k. The median monthly rent is $1,944. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bolingbrook?

Home values in Bolingbrook have increased 18.0% 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 Bolingbrook?

Based on a typical all-in ownership cost of $1,904/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bolingbrook is $107k/year.

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What industries drive the economy in Bolingbrook?

The largest employment sectors in Bolingbrook are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.