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Plainfield

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

Median Home$407,926
Median Rent$2,265/month
Population45,814
Leading IndustriesFinance & Insurance · Arts, Food & Hospitality · Information & Media8% finance & insurance
Home Value Growth⬆⬆⬆+22.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners89% of occupied units
NotableHighly Educated36% bachelor's · 16% graduate · top 3% nationally
NotableHigh Incomes$146k/year · top 4% nationally
Plainfield
IL

Frequently Asked Questions

What are today's mortgage rates in Plainfield?

As of today, the 30-year fixed mortgage rate for Plainfield is approximately 6.850% (6.855% 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 Plainfield?

The median home value in Plainfield is $408k. The median monthly rent is $2,265. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Plainfield?

Home values in Plainfield have increased 22.3% 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 Plainfield?

Based on a typical all-in ownership cost of $2,294/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Plainfield is $146k/year.

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What industries drive the economy in Plainfield?

The largest employment sectors in Plainfield are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.