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North Pekin

Learn about the people, housing, costs and businesses in North Pekin, Illinois

Median Home$130,608
Median Rent$1,257/month
Population1,498
Leading IndustriesWholesale Trade · Healthcare · Arts, Food & Hospitality11% wholesale trade
Home Value Growth+6.2% over 2 years
Young Adults27% of residentsnear the national average
Homeowners92% of occupied units
North Pekin
IL

Frequently Asked Questions

What are today's mortgage rates in North Pekin?

As of today, the 30-year fixed mortgage rate for North Pekin is approximately 6.830% (6.834% 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 North Pekin?

The median home value in North Pekin is $131k. The median monthly rent is $1,257. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Pekin?

Home values in North Pekin have increased 6.2% over the past two years. This represents moderate growth. 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 North Pekin?

Based on a typical all-in ownership cost of $1,049/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Pekin is $72k/year.

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What industries drive the economy in North Pekin?

The largest employment sectors in North Pekin are public administration (20%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.