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Mound City

Learn about the people, housing, costs and businesses in Mound City, Illinois

Median Home$79,100
Median Rent$697/month
Population525
Leading IndustriesTransportation · Information & Media · Finance & Insurance4% transportation
Retirees22% of residentsnear the national average
Homeowners70% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$79k median home · lower cost than 97% of the country

Mound City
IL

Frequently Asked Questions

What are today's mortgage rates in Mound City?›

As of today, the 30-year fixed mortgage rate for Mound City is approximately 8.125% (8.967% 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 Mound City
What is the median home price in Mound City?›

The median home value in Mound City is $79k. The median monthly rent is $697. Annual property taxes average $985. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Mound City?›

Based on a typical all-in ownership cost of $621/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mound City is $53k/year.

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What industries drive the economy in Mound City?›

The largest employment sectors in Mound City are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.