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Hull

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

Median Home$89,600
Median Rent$664/month
Population398
Leading IndustriesConstruction · Agriculture & Mining · Transportation10% construction
Home Value Growth⬆⬆+14.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners78% of occupied units
NotableAffordable Market$90k median home · lower cost than 95% of the country
NotableVeteran Community9% of residents · top 22% nationally
Hull
IL

Frequently Asked Questions

What are today's mortgage rates in Hull?

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

The median home value in Hull is $90k. The median monthly rent is $664. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hull?

Home values in Hull have increased 14.3% 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 Hull?

Based on a typical all-in ownership cost of $740/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hull is $67k/year.

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What industries drive the economy in Hull?

The largest employment sectors in Hull are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.