Safe Rate Local

Champaign County

Learn about the people, housing, costs and businesses in Champaign County County

Median Home$214,789
Median Rent$1,084/month
Population208,741
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Professional Services41% public administration
Home Value Growth⬆⬆+16.3% over 2 years
Young Adults42% of residentstop 1% nationally
Homeowners54% of occupied units
NotableTransit74/100 · excellent transit access
NotableAmenity Score67/100 · highly walkable area
Champaign County
IL

Frequently Asked Questions

What are today's mortgage rates in Champaign County?

As of today, the 30-year fixed mortgage rate for Champaign County is approximately 7.199% (7.231% 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 Champaign County
What is the median home price in Champaign County?

The median home value in Champaign County is $215k. The median monthly rent is $1,084. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Champaign County?

Home values in Champaign County have increased 16.3% 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 Champaign County?

Based on a typical all-in ownership cost of $1,167/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Champaign County is $70k/year.

Calculate your buying power
What industries drive the economy in Champaign County?

The largest employment sectors in Champaign County are public administration (41%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas