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Marine

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

Median Home$371,700
Median Rent$1,043/month
Population900
Leading IndustriesInformation & Media · Finance & Insurance · Retail11% information & media
Home Value Growth⬆⬆+19.6% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners95% of occupied units
NotableHigh Incomes$136k/year · top 6% nationally
Marine
IL

Frequently Asked Questions

What are today's mortgage rates in Marine?

As of today, the 30-year fixed mortgage rate for Marine is approximately 6.984% (6.993% 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 Marine?

The median home value in Marine is $372k. The median monthly rent is $1,043. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marine?

Home values in Marine have increased 19.6% 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 Marine?

Based on a typical all-in ownership cost of $1,691/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marine is $136k/year.

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What industries drive the economy in Marine?

The largest employment sectors in Marine are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.