Safe Rate Local
Learn about the people, housing, costs and businesses in Loop, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Loop.
True all-in cost — P&I, taxes, insurance & utilities for homes in Loop.
Find and compare lenders active near Loop.
As of today, the 30-year fixed mortgage rate for Loop is approximately 6.884% (6.930% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for LoopThe median home value in Loop is $471k. The median monthly rent is $2,419. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Loop have increased 3.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $2,528/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $108k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loop is $121k/year.
Calculate your buying powerThe largest employment sectors in Loop are healthcare (29%) and arts, food, and hospitality (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas