Safe Rate Local
Learn about the people, housing, costs and businesses in Joy, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Joy.
True all-in cost — P&I, taxes, insurance & utilities for homes in Joy.
Find and compare lenders active near Joy.
As of today, the 30-year fixed mortgage rate for Joy 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.
View current rates for JoyThe median home value in Joy is $110k. The median monthly rent is $632. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Joy have increased 10.6% 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.
Based on a typical all-in ownership cost of $794/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Joy is $64k/year.
Calculate your buying powerThe largest employment sectors in Joy are retail (18%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.