Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hodgkins

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

Median Home$180,600
Median Rent$1,121/month
Population1,553
Leading IndustriesEducation · Finance & Insurance · Professional Services4% education
Home Value Growth-10.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
Hodgkins
IL

Frequently Asked Questions

What are today's mortgage rates in Hodgkins?

As of today, the 30-year fixed mortgage rate for Hodgkins is approximately 6.931% (6.938% 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 Hodgkins
What is the median home price in Hodgkins?

The median home value in Hodgkins is $181k. The median monthly rent is $1,121. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hodgkins?

Home values in Hodgkins have decreased 10.2% over the past two years. Buyers may find more negotiating room in this market. 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 Hodgkins?

Based on a typical all-in ownership cost of $1,171/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 Hodgkins is $78k/year.

Calculate your buying power
What industries drive the economy in Hodgkins?

The largest employment sectors in Hodgkins are public administration (15%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.