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Kankakee County

Learn about the people, housing, costs and businesses in Kankakee County County

Median Home$192,161
Median Rent$1,116/month
Population106,635
Leading IndustriesFinance & Insurance · Transportation · Information & Media7% finance & insurance
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults28% of residentsslightly above average
Homeowners70% of occupied units
NotableTransit81/100 · excellent transit access
NotableAmenity Score64/100 · highly walkable area
Kankakee County
IL

Frequently Asked Questions

What are today's mortgage rates in Kankakee County?

As of today, the 30-year fixed mortgage rate for Kankakee County is approximately 7.122% (7.155% 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 Kankakee County
What is the median home price in Kankakee County?

The median home value in Kankakee County is $192k. The median monthly rent is $1,116. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kankakee County?

Home values in Kankakee County have increased 14.9% 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 Kankakee County?

Based on a typical all-in ownership cost of $1,181/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kankakee County is $77k/year.

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What industries drive the economy in Kankakee County?

The largest employment sectors in Kankakee County are public administration (25%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas