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Coyne Center

Learn about the people, housing, costs and businesses in Coyne Center, Illinois

Median Home$240,800
Median Rent$883/month
Population847
Leading IndustriesPublic Administration · Information & Media · Manufacturing32% public administration
Home Value Growth⬆⬆+15.5% over 2 years
Retirees29% of residentswell above average
Homeowners97% of occupied units
NotableHigh Incomes$101k/year · top 17% nationally
Coyne Center
IL

Frequently Asked Questions

What are today's mortgage rates in Coyne Center?

As of today, the 30-year fixed mortgage rate for Coyne Center is approximately 6.976% (6.984% 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 Coyne Center?

The median home value in Coyne Center is $241k. The median monthly rent is $883. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coyne Center?

Home values in Coyne Center have increased 15.5% 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 Coyne Center?

Based on a typical all-in ownership cost of $1,154/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 Coyne Center is $101k/year.

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What industries drive the economy in Coyne Center?

The largest employment sectors in Coyne Center are public administration (32%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.