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Learn about the people, housing, costs and businesses in Calumet, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Calumet.
True all-in cost — P&I, taxes, insurance & utilities for homes in Calumet.
Find and compare lenders active near Calumet.
FEMA flood zones and flood insurance estimates for Calumet.
Seismic risk and earthquake insurance estimates for Calumet.
Wildfire exposure and insurance estimates for Calumet.
As of today, the 30-year fixed mortgage rate for Calumet is approximately 7.091% (7.105% 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 CalumetThe median home value in Calumet is $133k. The median monthly rent is $1,264. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Calumet have increased 16.6% 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.
Based on a typical all-in ownership cost of $1,185/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Calumet is $58k/year.
Calculate your buying powerThe largest employment sectors in Calumet are public administration (28%) and information and media (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.