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Columbus

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

Median Home$208,708
Median Rent$1,173/month
Population113
Leading IndustriesTransportation · Information & Media · Construction8% transportation
Home Value Growth⬆⬆+18.0% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners95% of occupied units
NotableTransit87/100 · excellent transit access
NotableHigh Incomes$96k/year · top 19% nationally
Columbus
IL

Frequently Asked Questions

What are today's mortgage rates in Columbus?

As of today, the 30-year fixed mortgage rate for Columbus is approximately 6.994% (7.003% 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 Columbus?

The median home value in Columbus is $209k. The median monthly rent is $1,173. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Columbus?

Home values in Columbus have increased 18.0% 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 Columbus?

Based on a typical all-in ownership cost of $1,142/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Columbus is $96k/year.

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What industries drive the economy in Columbus?

The largest employment sectors in Columbus are public administration (22%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.