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Oquawka

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

Median Home$105,200
Median Rent$520/month
Population1,120
Leading IndustriesFinance & Insurance · Information & Media · Construction18% finance & insurance
Retirees36% of residentstop 3% nationally
Homeowners87% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$105k median home · lower cost than 90% of the country
Oquawka
IL

Frequently Asked Questions

What are today's mortgage rates in Oquawka?

As of today, the 30-year fixed mortgage rate for Oquawka is approximately 7.625% (7.711% 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 Oquawka
What is the median home price in Oquawka?

The median home value in Oquawka is $105k. The median monthly rent is $520. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Oquawka?

Based on a typical all-in ownership cost of $636/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 Oquawka is $61k/year.

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What industries drive the economy in Oquawka?

The largest employment sectors in Oquawka are public administration (26%) and information and media (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.