Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hopkins Park

Learn about the people, housing, costs and businesses in Hopkins Park, Illinois

Median Home$99,100
Median Rent$915/month
Population590
Leading IndustriesTransportation · Finance & Insurance · Public Administration6% transportation
Home Value Growth⬆⬆+14.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners67% of occupied units
Hopkins Park
IL

Frequently Asked Questions

What are today's mortgage rates in Hopkins Park?

As of today, the 30-year fixed mortgage rate for Hopkins Park is approximately 7.431% (7.449% 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 Hopkins Park
What is the median home price in Hopkins Park?

The median home value in Hopkins Park is $99k. The median monthly rent is $915. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hopkins Park?

Home values in Hopkins Park have increased 14.2% 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 Hopkins Park?

Based on a typical all-in ownership cost of $900/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hopkins Park is $35k/year.

Calculate your buying power
What industries drive the economy in Hopkins Park?

The largest employment sectors in Hopkins Park are public administration (32%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.