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Dunlap

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

Median Home$343,000
Median Rent$1,286/month
Population1,602
Leading IndustriesRetail · Public Administration · Transportation24% retail
Home Value Growth⬆⬆+17.0% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners86% of occupied units
NotableHigh Incomes$163k/year · top 3% nationally
NotableHighly Educated27% bachelor's · 14% graduate · top 14% nationally
Dunlap
IL

Frequently Asked Questions

What are today's mortgage rates in Dunlap?

As of today, the 30-year fixed mortgage rate for Dunlap is approximately 7.023% (7.036% 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 Dunlap?

The median home value in Dunlap is $343k. The median monthly rent is $1,286. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dunlap?

Home values in Dunlap have increased 17.0% 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 Dunlap?

Based on a typical all-in ownership cost of $1,661/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dunlap is $163k/year.

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What industries drive the economy in Dunlap?

The largest employment sectors in Dunlap are public administration (28%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.