Safe Rate Local
Learn about the people, housing, costs and businesses in Palestine, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Palestine.
True all-in cost — P&I, taxes, insurance & utilities for homes in Palestine.
Find and compare lenders active near Palestine.
FEMA flood zones and flood insurance estimates for Palestine.
Seismic risk and earthquake insurance estimates for Palestine.
Wildfire exposure and insurance estimates for Palestine.
As of today, the 30-year fixed mortgage rate for Palestine is approximately 7.625% (7.652% 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 PalestineThe median home value in Palestine is $101k. The median monthly rent is $797. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Palestine have increased 15.6% 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.
Based on a typical all-in ownership cost of $731/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palestine is $70k/year.
Calculate your buying powerThe largest employment sectors in Palestine are public administration (22%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.