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Kangley

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

Median Home$119,812
Median Rent$828/month
Population214
Leading IndustriesRetail · Information & Media · Transportation30% retail
Home Value Growth⬆⬆⬆+47.1% over 2 years
Retirees30% of residentswell above average
Homeowners64% of occupied units
NotableAffordable Market$120k median home · lower cost than 85% of the country
Kangley
IL

Frequently Asked Questions

What are today's mortgage rates in Kangley?

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

The median home value in Kangley is $120k. The median monthly rent is $828. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kangley?

Home values in Kangley have increased 47.1% 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 Kangley?

Based on a typical all-in ownership cost of $776/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kangley is $47k/year.

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What industries drive the economy in Kangley?

The largest employment sectors in Kangley are retail (30%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.