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Perry

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

Median Home$99,100
Median Rent$655/month
Population290
Leading IndustriesInformation & Media · Construction · Manufacturing8% information & media
Home Value Growth-3.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners69% of occupied units
NotableAffordable Market$99k median home · lower cost than 92% of the country
Perry
IL

Frequently Asked Questions

What are today's mortgage rates in Perry?

As of today, the 30-year fixed mortgage rate for Perry is approximately 6.954% (6.962% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Perry?

The median home value in Perry is $99k. The median monthly rent is $655. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Perry?

Home values in Perry have decreased 3.2% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $709/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Perry is $53k/year.

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What industries drive the economy in Perry?

The largest employment sectors in Perry are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.