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Goodenow

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

Median Home$139,000
Median Rent$1,450/month
Population58
Leading IndustryWholesale Trade11% of local workforce
Home Value Growth⬆⬆⬆+31.0% over 2 years
Young Adults25% of residents
Homeowners91% of occupied units
Goodenow
IL

Frequently Asked Questions

What are today's mortgage rates in Goodenow?

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

The median home value in Goodenow is $139k. The median monthly rent is $1,450. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Goodenow?

Home values in Goodenow have increased 31.0% 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 Goodenow?

Based on a typical all-in ownership cost of $1,144/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 Goodenow is $71k/year.

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What industries drive the economy in Goodenow?

The largest employment sectors in Goodenow are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.