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Mazon

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

Median Home$216,500
Median Rent$1,018/month
Population969
Leading IndustryHealthcare11% of local workforce
Home Value Growth⬆⬆+17.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners84% of occupied units
NotableTransit91/100 · excellent transit access
NotableHigh Incomes$88k/year · top 26% nationally
Mazon
IL

Frequently Asked Questions

What are today's mortgage rates in Mazon?

As of today, the 30-year fixed mortgage rate for Mazon is approximately 6.964% (6.972% 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 Mazon?

The median home value in Mazon is $217k. The median monthly rent is $1,018. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mazon?

Home values in Mazon have increased 17.2% 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 Mazon?

Based on a typical all-in ownership cost of $1,229/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mazon is $88k/year.

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What industries drive the economy in Mazon?

The largest employment sectors in Mazon are public administration (16%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.