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Le Roy

Learn about the people, housing, costs and businesses in Le Roy, Illinois

Median Home$179,913
Median Rent$895/month
Population3,488
Leading IndustriesConstruction · Transportation · Agriculture & Mining9% construction
Home Value Growth⬆⬆⬆+24.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners79% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
NotableVeteran Community9% of residents · top 22% nationally
Le Roy
IL

Frequently Asked Questions

What are today's mortgage rates in Le Roy?

As of today, the 30-year fixed mortgage rate for Le Roy is approximately 7.110% (7.125% 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 Le Roy?

The median home value in Le Roy is $180k. The median monthly rent is $895. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Le Roy?

Home values in Le Roy have increased 24.6% 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 Le Roy?

Based on a typical all-in ownership cost of $1,003/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Le Roy is $87k/year.

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What industries drive the economy in Le Roy?

The largest employment sectors in Le Roy are public administration (20%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.