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Cave-In-Rock

Learn about the people, housing, costs and businesses in Cave-In-Rock, Illinois

Median Home$117,100
Median Rent$290/month
Population267
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining13% manufacturing
Retirees36% of residentstop 3% nationally
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$117k median home · lower cost than 86% of the country
Cave-In-Rock
IL

Frequently Asked Questions

What are today's mortgage rates in Cave-In-Rock?

As of today, the 30-year fixed mortgage rate for Cave-In-Rock is approximately 7.123% (7.138% 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 Cave-In-Rock?

The median home value in Cave-In-Rock is $117k. The median monthly rent is $290. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Cave-In-Rock?

Based on a typical all-in ownership cost of $474/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cave-In-Rock is $56k/year.

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What industries drive the economy in Cave-In-Rock?

The largest employment sectors in Cave-In-Rock are public administration (36%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.