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Hillcrest

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

Median Home$189,521
Median Rent$1,116/month
Population1,225
Leading IndustriesInformation & Media · Finance & Insurance · Retail12% information & media
Home Value Growth⬆⬆+13.8% over 2 years
Young Adults27% of residentsnear the national average
Homeowners77% of occupied units
NotableAmenity Score71/100 · highly walkable area
NotableHigh Incomes$86k/year · top 29% nationally
Hillcrest
IL

Frequently Asked Questions

What are today's mortgage rates in Hillcrest?

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

The median home value in Hillcrest is $190k. The median monthly rent is $1,116. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hillcrest?

Home values in Hillcrest have increased 13.8% 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 Hillcrest?

Based on a typical all-in ownership cost of $1,077/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 Hillcrest is $86k/year.

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What industries drive the economy in Hillcrest?

The largest employment sectors in Hillcrest are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.