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Ingalls Park

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

Median Home$164,300
Median Rent$1,420/month
Population3,356
Leading IndustriesHealthcare · Arts, Food & Hospitality · Finance & Insurance14% healthcare
Home Value Growth⬆⬆+17.0% over 2 years
Young Adults34% of residentswell above average
Homeowners68% of occupied units
Ingalls Park
IL

Frequently Asked Questions

What are today's mortgage rates in Ingalls Park?

As of today, the 30-year fixed mortgage rate for Ingalls Park is approximately 6.965% (6.973% 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 Ingalls Park?

The median home value in Ingalls Park is $164k. The median monthly rent is $1,420. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ingalls Park?

Home values in Ingalls Park have increased 17.0% 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 Ingalls Park?

Based on a typical all-in ownership cost of $1,391/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ingalls Park is $58k/year.

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What industries drive the economy in Ingalls Park?

The largest employment sectors in Ingalls Park are public administration (19%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.