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Kinmundy

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

Median Home$105,900
Median Rent$661/month
Population726
Leading IndustriesFinance & Insurance · Construction · Agriculture & Mining9% finance & insurance
Home Value Growth⬆⬆+16.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners90% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableAffordable Market$106k median home · lower cost than 90% of the country
Kinmundy
IL

Frequently Asked Questions

What are today's mortgage rates in Kinmundy?

As of today, the 30-year fixed mortgage rate for Kinmundy is approximately 7.084% (7.098% 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 Kinmundy?

The median home value in Kinmundy is $106k. The median monthly rent is $661. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kinmundy?

Home values in Kinmundy have increased 16.6% 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.

How much income do you need to buy a home in Kinmundy?

Based on a typical all-in ownership cost of $935/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kinmundy is $70k/year.

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What industries drive the economy in Kinmundy?

The largest employment sectors in Kinmundy are public administration (22%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.