Safe Rate Local

Coles County

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

Median Home$135,461
Median Rent$787/month
Population46,777
Leading IndustriesPublic Administration · Manufacturing29% public administration
Home Value Growth⬆⬆+17.8% over 2 years
Young Adults34% of residentswell above average
Homeowners60% of occupied units
NotableAmenity Score66/100 · highly walkable area
NotableAffordable Market$135k median home · lower cost than 77% of the country
Coles County
IL

Frequently Asked Questions

What are today's mortgage rates in Coles County?

As of today, the 30-year fixed mortgage rate for Coles County is approximately 7.305% (7.344% 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 Coles County
What is the median home price in Coles County?

The median home value in Coles County is $135k. The median monthly rent is $787. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coles County?

Home values in Coles County have increased 17.8% 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 Coles County?

Based on a typical all-in ownership cost of $818/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Coles County is $60k/year.

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

The largest employment sectors in Coles County are public administration (29%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas