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McLean County

Learn about the people, housing, costs and businesses in McLean County County

Median Home$213,525
Median Rent$1,045/month
Population171,556
Leading IndustryArts, Food & Hospitality6% of local workforce
Home Value Growth⬆⬆+16.7% over 2 years
Young Adults36% of residentstop 4% nationally
Homeowners65% of occupied units
NotableHighly Educated31% bachelor's · 11% graduate · top 2% nationally
NotableHigh Incomes$87k/year · top 14% nationally
McLean County
IL

Frequently Asked Questions

What are today's mortgage rates in McLean County?

As of today, the 30-year fixed mortgage rate for McLean County is approximately 7.182% (7.214% 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 McLean County
What is the median home price in McLean County?

The median home value in McLean County is $214k. The median monthly rent is $1,045. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McLean County?

Home values in McLean County have increased 16.7% 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 McLean County?

Based on a typical all-in ownership cost of $1,225/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 McLean County is $87k/year.

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What industries drive the economy in McLean County?

The largest employment sectors in McLean County are public administration (25%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas