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Mundelein

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

Median Home$303,220
Median Rent$1,880/month
Population31,047
Leading IndustriesTransportation · Healthcare · Retail4% transportation
Home Value Growth⬆⬆⬆+22.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners74% of occupied units
NotableHigh Incomes$109k/year · top 12% nationally
NotableAmenity Score71/100 · highly walkable area
Mundelein
IL

Frequently Asked Questions

What are today's mortgage rates in Mundelein?

As of today, the 30-year fixed mortgage rate for Mundelein is approximately 6.949% (6.957% 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 Mundelein?

The median home value in Mundelein is $303k. The median monthly rent is $1,880. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mundelein?

Home values in Mundelein have increased 22.5% 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 Mundelein?

Based on a typical all-in ownership cost of $1,689/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mundelein is $109k/year.

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What industries drive the economy in Mundelein?

The largest employment sectors in Mundelein are public administration (18%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.