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Dunning

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

Median Home$343,527
Median Rent$1,430/month
Population41,233
Leading IndustriesRetail · Education · Wholesale Trade12% retail
Home Value Growth⬆⬆+11.7% over 2 years
Retirees20% of residentsabove average nationally
Homeowners79% of occupied units
NotableHigh Incomes$85k/year · top 27% nationally
Dunning
IL

Frequently Asked Questions

What are today's mortgage rates in Dunning?

As of today, the 30-year fixed mortgage rate for Dunning is approximately 6.901% (6.948% 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 Dunning?

The median home value in Dunning is $344k. The median monthly rent is $1,430. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dunning?

Home values in Dunning have increased 11.7% 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 Dunning?

Based on a typical all-in ownership cost of $1,475/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dunning is $85k/year.

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What industries drive the economy in Dunning?

The largest employment sectors in Dunning are public administration (20%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas