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Pesotum

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

Median Home$216,867
Median Rent$1,066/month
Population551
Leading IndustriesPublic Administration · Transportation · Construction33% public administration
Home Value Growth⬆⬆+16.7% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners76% of occupied units
NotableTransit81/100 · excellent transit access
NotableHigh Incomes$86k/year · top 29% nationally
Pesotum
IL

Frequently Asked Questions

What are today's mortgage rates in Pesotum?

As of today, the 30-year fixed mortgage rate for Pesotum 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.

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What is the median home price in Pesotum?

The median home value in Pesotum is $217k. The median monthly rent is $1,066. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pesotum?

Home values in Pesotum have increased 16.7% 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.

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

Based on a typical all-in ownership cost of $1,114/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pesotum is $86k/year.

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What industries drive the economy in Pesotum?

The largest employment sectors in Pesotum are public administration (33%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.