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Learn about the people, housing, costs and businesses in Merrionette Park, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Merrionette Park.
True all-in cost — P&I, taxes, insurance & utilities for homes in Merrionette Park.
Find and compare lenders active near Merrionette Park.
FEMA flood zones and flood insurance estimates for Merrionette Park.
Seismic risk and earthquake insurance estimates for Merrionette Park.
Wildfire exposure and insurance estimates for Merrionette Park.
As of today, the 30-year fixed mortgage rate for Merrionette Park 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 Merrionette ParkThe median home value in Merrionette Park is $184k. The median monthly rent is $1,189. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Merrionette Park have increased 6.1% 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 $1,192/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Merrionette Park is $52k/year.
Calculate your buying powerThe largest employment sectors in Merrionette Park are public administration (29%) and information and media (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.