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Fulton

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

Median Home$121,811
Median Rent$954/month
Population3,711
Leading IndustriesFinance & Insurance · Information & Media · Retail9% finance & insurance
Home Value Growth+10.3% over 2 years
Young Adults34% of residentswell above average
Homeowners77% of occupied units
Fulton
IL

Frequently Asked Questions

What are today's mortgage rates in Fulton?

As of today, the 30-year fixed mortgage rate for Fulton is approximately 7.032% (7.042% 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 Fulton?

The median home value in Fulton is $122k. The median monthly rent is $954. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fulton?

Home values in Fulton have increased 10.3% 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 Fulton?

Based on a typical all-in ownership cost of $932/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fulton is $46k/year.

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What industries drive the economy in Fulton?

The largest employment sectors in Fulton are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.