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Breese

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

Median Home$215,000
Median Rent$786/month
Population4,636
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Public Administration3% professional services
Home Value Growth⬆⬆+19.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Breese
IL

Frequently Asked Questions

What are today's mortgage rates in Breese?

As of today, the 30-year fixed mortgage rate for Breese 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.

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What is the median home price in Breese?

The median home value in Breese is $215k. The median monthly rent is $786. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Breese?

Home values in Breese have increased 19.1% 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.

How much income do you need to buy a home in Breese?

Based on a typical all-in ownership cost of $1,074/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Breese is $86k/year.

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What industries drive the economy in Breese?

The largest employment sectors in Breese are public administration (29%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.