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Learn about the people, housing, costs and businesses in Cobden, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Cobden.
True all-in cost — P&I, taxes, insurance & utilities for homes in Cobden.
Find and compare lenders active near Cobden.
As of today, the 30-year fixed mortgage rate for Cobden is approximately 6.987% (6.996% 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 CobdenThe median home value in Cobden is $137k. The median monthly rent is $738. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Cobden have decreased 9.8% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $753/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cobden is $57k/year.
Calculate your buying powerThe largest employment sectors in Cobden are public administration (20%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.