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Cullom

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

Median Home$150,700
Median Rent$964/month
Population506
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing16% construction
Home Value Growth+10.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners82% of occupied units
Cullom
IL

Frequently Asked Questions

What are today's mortgage rates in Cullom?

As of today, the 30-year fixed mortgage rate for Cullom 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 Cullom?

The median home value in Cullom is $151k. The median monthly rent is $964. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cullom?

Home values in Cullom have increased 10.3% 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 Cullom?

Based on a typical all-in ownership cost of $995/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cullom is $84k/year.

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What industries drive the economy in Cullom?

The largest employment sectors in Cullom are public administration (22%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.