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Ohlman

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

Median Home$90,300
Median Rent$901/month
Population104
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance8% construction
Home Value Growth-5.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Ohlman
IL

Frequently Asked Questions

What are today's mortgage rates in Ohlman?

As of today, the 30-year fixed mortgage rate for Ohlman 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.

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What is the median home price in Ohlman?

The median home value in Ohlman is $90k. The median monthly rent is $901. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ohlman?

Home values in Ohlman have decreased 5.0% over the past two years. Buyers may find more negotiating room in this market. 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 Ohlman?

Based on a typical all-in ownership cost of $737/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ohlman is $62k/year.

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What industries drive the economy in Ohlman?

The largest employment sectors in Ohlman are public administration (15%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.