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Learn about the people, housing, costs and businesses in Palos Hills, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Palos Hills.
True all-in cost — P&I, taxes, insurance & utilities for homes in Palos Hills.
Find and compare lenders active near Palos Hills.
FEMA flood zones and flood insurance estimates for Palos Hills.
Seismic risk and earthquake insurance estimates for Palos Hills.
Wildfire exposure and insurance estimates for Palos Hills.
As of today, the 30-year fixed mortgage rate for Palos Hills is approximately 6.975% (6.984% 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 Palos HillsThe median home value in Palos Hills is $272k. The median monthly rent is $1,438. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Palos Hills have increased 13.7% 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 $1,404/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palos Hills is $74k/year.
Calculate your buying powerThe largest employment sectors in Palos Hills are public administration (18%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.