Safe Rate Local
Learn about the people, housing, costs and businesses in Butler, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Butler.
True all-in cost — P&I, taxes, insurance & utilities for homes in Butler.
Find and compare lenders active near Butler.
As of today, the 30-year fixed mortgage rate for Butler is approximately 6.994% (7.003% 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 ButlerThe median home value in Butler is $217k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Butler have increased 8.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $938/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 Butler is $96k/year.
Calculate your buying powerThe largest employment sectors in Butler are public administration (31%) and agriculture and mining (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.