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Hidalgo

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

Median Home$204,800
Median Rent$815/month
Population97
Leading IndustriesConstruction · Agriculture & Mining · Professional Services14% construction
Home Value Growth+9.1% over 2 years
Retirees27% of residentsabove average nationally
Homeowners80% of occupied units
Hidalgo
IL

Frequently Asked Questions

What are today's mortgage rates in Hidalgo?

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

The median home value in Hidalgo is $205k. The median monthly rent is $815. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hidalgo?

Home values in Hidalgo have increased 9.1% 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 Hidalgo?

Based on a typical all-in ownership cost of $1,081/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hidalgo is $79k/year.

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What industries drive the economy in Hidalgo?

The largest employment sectors in Hidalgo are public administration (19%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.