Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Maquon

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

Median Home$117,800
Median Rent$810/month
Population199
Leading IndustriesConstruction · Agriculture & Mining · Transportation12% construction
Home Value Growth+6.6% over 2 years
Retirees27% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$118k median home · lower cost than 85% of the country
Maquon
IL

Frequently Asked Questions

What are today's mortgage rates in Maquon?

As of today, the 30-year fixed mortgage rate for Maquon is approximately 6.994% (7.003% 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 Maquon
What is the median home price in Maquon?

The median home value in Maquon is $118k. The median monthly rent is $810. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Maquon?

Home values in Maquon have increased 6.6% 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 Maquon?

Based on a typical all-in ownership cost of $818/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Maquon is $71k/year.

Calculate your buying power
What industries drive the economy in Maquon?

The largest employment sectors in Maquon are public administration (26%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.