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Carbon Cliff

Learn about the people, housing, costs and businesses in Carbon Cliff, Illinois

Median Home$161,899
Median Rent$970/month
Population1,943
Leading IndustriesWholesale Trade · Healthcare · Education12% wholesale trade
Home Value Growth⬆⬆+11.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners70% of occupied units
Carbon Cliff
IL

Frequently Asked Questions

What are today's mortgage rates in Carbon Cliff?

As of today, the 30-year fixed mortgage rate for Carbon Cliff is approximately 6.869% (6.875% 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 Carbon Cliff?

The median home value in Carbon Cliff is $162k. The median monthly rent is $970. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carbon Cliff?

Home values in Carbon Cliff have increased 11.9% 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 Carbon Cliff?

Based on a typical all-in ownership cost of $979/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carbon Cliff is $59k/year.

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What industries drive the economy in Carbon Cliff?

The largest employment sectors in Carbon Cliff are healthcare (14%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.