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Mounds

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

Median Home$87,800
Median Rent$616/month
Population615
Leading IndustriesPublic Administration · Finance & Insurance · Information & Media35% public administration
Retirees25% of residentsabove average nationally
Homeowners66% of occupied units
NotableAffordable Market$88k median home · lower cost than 95% of the country
NotableVeteran Community12% of residents · top 6% nationally
Mounds
IL

Explore Mounds

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mounds?›

As of today, the 30-year fixed mortgage rate for Mounds is approximately 6.980% (6.989% 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 Mounds?›

The median home value in Mounds is $88k. The median monthly rent is $616. Annual property taxes average $752. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $558/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mounds is $41k/year.

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What industries drive the economy in Mounds?›

The largest employment sectors in Mounds are public administration (35%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.