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Kings

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

Median Home$180,700
Median Rent$854/month
Population148
Leading IndustriesEducation · Transportation · Healthcare5% education
Home Value Growth⬆⬆⬆+21.4% over 2 years
Retirees49% of residentstop 1% nationally
Homeowners82% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Kings
IL

Frequently Asked Questions

What are today's mortgage rates in Kings?

As of today, the 30-year fixed mortgage rate for Kings is approximately 6.930% (6.937% 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 Kings?

The median home value in Kings is $181k. The median monthly rent is $854. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kings?

Home values in Kings have increased 21.4% 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 Kings?

Based on a typical all-in ownership cost of $1,032/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kings is $80k/year.

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What industries drive the economy in Kings?

The largest employment sectors in Kings are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.