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Calhoun

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

Median Home$130,900
Median Rent$954/month
Population170
Leading IndustriesManufacturing · Agriculture & Mining · Transportation4% manufacturing
Home Value Growth⬆⬆+16.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners90% of occupied units
Calhoun
IL

Frequently Asked Questions

What are today's mortgage rates in Calhoun?

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

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What is the median home price in Calhoun?

The median home value in Calhoun is $131k. The median monthly rent is $954. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Calhoun?

Home values in Calhoun have increased 16.9% 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 Calhoun?

Based on a typical all-in ownership cost of $749/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 Calhoun is $78k/year.

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What industries drive the economy in Calhoun?

The largest employment sectors in Calhoun are retail (18%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.