Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Camargo

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

Median Home$155,000
Median Rent$839/month
Population453
Leading IndustriesPublic Administration · Finance & Insurance · Construction32% public administration
Home Value Growth⬆⬆+18.7% over 2 years
Young Adults27% of residentsnear the national average
Homeowners81% of occupied units
NotableAffordable Market$155k median home · lower cost than 72% of the country
Camargo
IL

Frequently Asked Questions

What are today's mortgage rates in Camargo?

As of today, the 30-year fixed mortgage rate for Camargo 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 Camargo
What is the median home price in Camargo?

The median home value in Camargo is $155k. The median monthly rent is $839. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Camargo?

Home values in Camargo have increased 18.7% 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 Camargo?

Based on a typical all-in ownership cost of $1,028/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Camargo is $80k/year.

Calculate your buying power
What industries drive the economy in Camargo?

The largest employment sectors in Camargo are public administration (32%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.