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Industry

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

Median Home$94,800
Median Rent$547/month
Population392
Leading IndustriesConstruction · Transportation · Agriculture & Mining10% construction
Home Value Growth⬆⬆+15.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners86% of occupied units
NotableAffordable Market$95k median home · lower cost than 93% of the country
NotableTransit79/100 · excellent transit access
Industry
IL

Frequently Asked Questions

What are today's mortgage rates in Industry?

As of today, the 30-year fixed mortgage rate for Industry is approximately 7.339% (7.356% 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 Industry?

The median home value in Industry is $95k. The median monthly rent is $547. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Industry?

Home values in Industry have increased 15.2% 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 Industry?

Based on a typical all-in ownership cost of $714/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Industry is $61k/year.

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What industries drive the economy in Industry?

The largest employment sectors in Industry are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.