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Edgington

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

Median Home$205,800
Median Rent$872/month
Population409
Leading IndustriesWholesale Trade · Retail · Construction13% wholesale trade
Home Value Growth⬆⬆+18.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners87% of occupied units
NotableHigh Incomes$97k/year · top 19% nationally
NotableVeteran Community9% of residents · top 22% nationally
Edgington
IL

Frequently Asked Questions

What are today's mortgage rates in Edgington?

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

The median home value in Edgington is $206k. The median monthly rent is $872. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Edgington?

Home values in Edgington have increased 18.0% 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 Edgington?

Based on a typical all-in ownership cost of $1,133/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Edgington is $97k/year.

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What industries drive the economy in Edgington?

The largest employment sectors in Edgington are retail (20%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.