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Lee Center

Learn about the people, housing, costs and businesses in Lee Center, Illinois

Median Home$165,245
Median Rent$915/month
Population149
Leading IndustriesProfessional Services · Transportation3% professional services
Home Value Growth+8.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Lee Center
IL

Frequently Asked Questions

What are today's mortgage rates in Lee Center?

As of today, the 30-year fixed mortgage rate for Lee Center is approximately 6.860% (6.865% 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 Lee Center?

The median home value in Lee Center is $165k. The median monthly rent is $915. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lee Center?

Home values in Lee Center have increased 8.4% over the past two years. This represents moderate growth. 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 Lee Center?

Based on a typical all-in ownership cost of $979/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lee Center is $69k/year.

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What industries drive the economy in Lee Center?

The largest employment sectors in Lee Center are public administration (17%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.