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Learn about the people, housing, costs and businesses in Penfield, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Penfield.
True all-in cost — P&I, taxes, insurance & utilities for homes in Penfield.
Find and compare lenders active near Penfield.
FEMA flood zones and flood insurance estimates for Penfield.
Seismic risk and earthquake insurance estimates for Penfield.
Wildfire exposure and insurance estimates for Penfield.
As of today, the 30-year fixed mortgage rate for Penfield 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 PenfieldThe median home value in Penfield is $151k. The median monthly rent is $813. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Penfield have increased 8.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $878/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Penfield is $82k/year.
Calculate your buying powerThe largest employment sectors in Penfield are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.