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East Lynn

Learn about the people, housing, costs and businesses in East Lynn, Illinois

Median Home$120,700
Median Rent$784/month
Population96
Leading IndustriesFinance & Insurance · Construction · Agriculture & Mining7% finance & insurance
Home Value Growth⬆⬆+19.2% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners76% of occupied units
NotableTransit84/100 · excellent transit access
NotableAffordable Market$121k median home · lower cost than 84% of the country
East Lynn
IL

Frequently Asked Questions

What are today's mortgage rates in East Lynn?

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

The median home value in East Lynn is $121k. The median monthly rent is $784. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Lynn?

Home values in East Lynn have increased 19.2% 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 East Lynn?

Based on a typical all-in ownership cost of $798/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Lynn is $68k/year.

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What industries drive the economy in East Lynn?

The largest employment sectors in East Lynn are public administration (14%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.