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Gallatin County

Learn about the people, housing, costs and businesses in Gallatin County County

Median Home$84,816
Median Rent$580/month
Population4,819
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing10% finance & insurance
Home Value Growth+6.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners77% of occupied units
NotableAffordable Market$85k median home · lower cost than 98% of the country
Gallatin County
IL

Frequently Asked Questions

What are today's mortgage rates in Gallatin County?

As of today, the 30-year fixed mortgage rate for Gallatin County is approximately 7.496% (7.537% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Gallatin County
What is the median home price in Gallatin County?

The median home value in Gallatin County is $85k. The median monthly rent is $580. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gallatin County?

Home values in Gallatin County have increased 6.7% over the past two years. This represents moderate growth. 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 Gallatin County?

Based on a typical all-in ownership cost of $612/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gallatin County is $57k/year.

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What industries drive the economy in Gallatin County?

The largest employment sectors in Gallatin County are public administration (23%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas