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Jefferson Park

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

Median Home$395,633
Median Rent$1,425/month
Population26,649
Leading IndustryProfessional Services3% of local workforce
Home Value Growth+8.0% over 2 years
Retirees17% of residentsnear the national average
Homeowners67% of occupied units
NotableHigh Incomes$94k/year · top 18% nationally
Jefferson Park
IL

Frequently Asked Questions

What are today's mortgage rates in Jefferson Park?

As of today, the 30-year fixed mortgage rate for Jefferson Park is approximately 6.842% (6.886% 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 Jefferson Park?

The median home value in Jefferson Park is $396k. The median monthly rent is $1,425. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jefferson Park?

Home values in Jefferson Park have increased 8.0% over the past two years. This represents moderate growth. 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 Jefferson Park?

Based on a typical all-in ownership cost of $1,584/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jefferson Park is $94k/year.

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What industries drive the economy in Jefferson Park?

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

🗺️ Nearby Areas

Adjacent counties and areas