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Donnellson

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

Median Home$91,709
Median Rent$759/month
Population148
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining7% manufacturing
Home Value Growth+1.1% over 2 years
Young Adults33% of residentswell above average
Homeowners81% of occupied units
NotableAffordable Market$92k median home · lower cost than 94% of the country
NotableVeteran Community9% of residents · top 22% nationally
Donnellson
IL

Frequently Asked Questions

What are today's mortgage rates in Donnellson?

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

The median home value in Donnellson is $92k. The median monthly rent is $759. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Donnellson?

Home values in Donnellson have increased 1.1% over the past two years. The market has been relatively stable. 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 Donnellson?

Based on a typical all-in ownership cost of $719/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Donnellson is $66k/year.

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What industries drive the economy in Donnellson?

The largest employment sectors in Donnellson are public administration (21%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.