Safe Rate Local
Learn about the people, housing, costs and businesses in Danvers, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Danvers.
True all-in cost — P&I, taxes, insurance & utilities for homes in Danvers.
Find and compare lenders active near Danvers.
FEMA flood zones and flood insurance estimates for Danvers.
Seismic risk and earthquake insurance estimates for Danvers.
Wildfire exposure and insurance estimates for Danvers.
As of today, the 30-year fixed mortgage rate for Danvers is approximately 6.959% (6.970% 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 DanversThe median home value in Danvers is $216k. The median monthly rent is $1,254. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Danvers have increased 8.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,407/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Danvers is $99k/year.
Calculate your buying powerThe largest employment sectors in Danvers are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.