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Grantfork

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

Median Home$210,558
Median Rent$918/month
Population341
Leading IndustriesTransportation · Wholesale Trade · Healthcare4% transportation
Home Value Growth⬆⬆+13.4% over 2 years
Young Adults24% of residents
Homeowners87% of occupied units
NotableTransit84/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Grantfork
IL

Frequently Asked Questions

What are today's mortgage rates in Grantfork?

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

The median home value in Grantfork is $211k. The median monthly rent is $918. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grantfork?

Home values in Grantfork have increased 13.4% 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 Grantfork?

Based on a typical all-in ownership cost of $1,174/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grantfork is $102k/year.

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What industries drive the economy in Grantfork?

The largest employment sectors in Grantfork are public administration (20%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.