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Cicero

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

Median Home$245,406
Median Rent$1,162/month
Population82,797
Leading IndustriesFinance & Insurance · Transportation · Information & Media9% finance & insurance
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults33% of residentswell above average
Homeowners55% of occupied units
NotableTransit84/100 · excellent transit access
NotableAmenity Score70/100 · highly walkable area
Cicero
IL

Frequently Asked Questions

What are today's mortgage rates in Cicero?

As of today, the 30-year fixed mortgage rate for Cicero is approximately 7.028% (7.038% 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 Cicero?

The median home value in Cicero is $245k. The median monthly rent is $1,162. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cicero?

Home values in Cicero have increased 12.3% 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 Cicero?

Based on a typical all-in ownership cost of $1,237/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cicero is $68k/year.

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What industries drive the economy in Cicero?

The largest employment sectors in Cicero are retail (17%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.