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Bushnell

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

Median Home$78,300
Median Rent$649/month
Population2,587
Leading IndustryRetail30% of local workforce
Home Value Growth+10.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners74% of occupied units
NotableAffordable Market$78k median home · lower cost than 97% of the country
NotableTransit84/100 · excellent transit access
Bushnell
IL

Frequently Asked Questions

What are today's mortgage rates in Bushnell?

As of today, the 30-year fixed mortgage rate for Bushnell is approximately 7.034% (7.044% 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 Bushnell?

The median home value in Bushnell is $78k. The median monthly rent is $649. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bushnell?

Home values in Bushnell have increased 10.1% 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 Bushnell?

Based on a typical all-in ownership cost of $740/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bushnell is $68k/year.

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What industries drive the economy in Bushnell?

The largest employment sectors in Bushnell are retail (30%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.