Safe Rate Local
Learn about the people, housing, costs and businesses in Olmsted, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Olmsted.
True all-in cost — P&I, taxes, insurance & utilities for homes in Olmsted.
Find and compare lenders active near Olmsted.
FEMA flood zones and flood insurance estimates for Olmsted.
Seismic risk and earthquake insurance estimates for Olmsted.
Wildfire exposure and insurance estimates for Olmsted.
As of today, the 30-year fixed mortgage rate for Olmsted 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 OlmstedThe median home value in Olmsted is $79k. The median monthly rent is $697. Annual property taxes average $985. Home values are based on U.S. Census Bureau American Community Survey estimates.
Based on a typical all-in ownership cost of $621/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Olmsted is $53k/year.
Calculate your buying powerThe largest employment sectors in Olmsted are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.