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Leonore

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

Median Home$149,400
Median Rent$1,189/month
Population117
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services14% healthcare
Home Value Growth+9.3% over 2 years
Retirees26% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated30% bachelor's · 14% graduate · top 9% nationally
Leonore
IL

Frequently Asked Questions

What are today's mortgage rates in Leonore?

As of today, the 30-year fixed mortgage rate for Leonore is approximately 6.914% (6.921% 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 Leonore?

The median home value in Leonore is $149k. The median monthly rent is $1,189. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Leonore?

Home values in Leonore have increased 9.3% 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 Leonore?

Based on a typical all-in ownership cost of $923/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 Leonore is $76k/year.

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What industries drive the economy in Leonore?

The largest employment sectors in Leonore are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.