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Metamora

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

Median Home$214,200
Median Rent$1,031/month
Population3,749
Leading IndustriesPublic Administration · Education · Transportation31% public administration
Home Value Growth⬆⬆+15.2% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners94% of occupied units
NotableHigh Incomes$128k/year · top 7% nationally
NotableHighly Educated23% bachelor's · 22% graduate · top 23% nationally
Metamora
IL

Frequently Asked Questions

What are today's mortgage rates in Metamora?

As of today, the 30-year fixed mortgage rate for Metamora is approximately 6.976% (6.987% 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 Metamora?

The median home value in Metamora is $214k. The median monthly rent is $1,031. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Metamora?

Home values in Metamora have increased 15.2% 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 Metamora?

Based on a typical all-in ownership cost of $1,204/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Metamora is $128k/year.

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What industries drive the economy in Metamora?

The largest employment sectors in Metamora are public administration (31%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.