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Herrin

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

Median Home$117,340
Median Rent$1,023/month
Population12,479
Leading IndustriesTransportation · Manufacturing · Professional Services5% transportation
Home Value Growth⬆⬆⬆+22.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners69% of occupied units
NotableAmenity Score68/100 · highly walkable area
Herrin
IL

Frequently Asked Questions

What are today's mortgage rates in Herrin?

As of today, the 30-year fixed mortgage rate for Herrin is approximately 7.310% (7.326% 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 Herrin?

The median home value in Herrin is $117k. The median monthly rent is $1,023. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herrin?

Home values in Herrin have increased 22.4% 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 Herrin?

Based on a typical all-in ownership cost of $939/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 Herrin is $59k/year.

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What industries drive the economy in Herrin?

The largest employment sectors in Herrin are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.