Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mount Auburn

Learn about the people, housing, costs and businesses in Mount Auburn, Illinois

Median Home$137,200
Median Rent$866/month
Population426
Leading IndustriesConstruction · Agriculture & Mining · Professional Services6% construction
Home Value Growth⬆⬆⬆+26.5% over 2 years
Young Adults26% of residents
Homeowners83% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Mount Auburn
IL

Frequently Asked Questions

What are today's mortgage rates in Mount Auburn?

As of today, the 30-year fixed mortgage rate for Mount Auburn 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 Mount Auburn
What is the median home price in Mount Auburn?

The median home value in Mount Auburn is $137k. The median monthly rent is $866. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Auburn?

Home values in Mount Auburn have increased 26.5% 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 Mount Auburn?

Based on a typical all-in ownership cost of $898/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Auburn is $81k/year.

Calculate your buying power
What industries drive the economy in Mount Auburn?

The largest employment sectors in Mount Auburn are public administration (25%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.