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Learn about the people, housing, costs and businesses in Clearing, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Clearing.
True all-in cost — P&I, taxes, insurance & utilities for homes in Clearing.
Find and compare lenders active near Clearing.
As of today, the 30-year fixed mortgage rate for Clearing is approximately 6.984% (7.034% 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 ClearingThe median home value in Clearing is $296k. The median monthly rent is $1,392. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Clearing have increased 11.7% 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.
Based on a typical all-in ownership cost of $1,380/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clearing is $75k/year.
Calculate your buying powerThe largest employment sectors in Clearing are public administration (19%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas