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Learn about the people, housing, costs and businesses in Hennepin, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Hennepin.
True all-in cost — P&I, taxes, insurance & utilities for homes in Hennepin.
Find and compare lenders active near Hennepin.
FEMA flood zones and flood insurance estimates for Hennepin.
Seismic risk and earthquake insurance estimates for Hennepin.
Wildfire exposure and insurance estimates for Hennepin.
As of today, the 30-year fixed mortgage rate for Hennepin is approximately 7.025% (7.038% 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 HennepinThe median home value in Hennepin is $204k. The median monthly rent is $867. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Hennepin have increased 36.3% 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.
Based on a typical all-in ownership cost of $1,004/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hennepin is $83k/year.
Calculate your buying powerThe largest employment sectors in Hennepin are public administration (25%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.