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Pontoon Beach

Learn about the people, housing, costs and businesses in Pontoon Beach, Illinois

Median Home$134,123
Median Rent$1,113/month
Population5,775
Leading IndustriesRetail · Healthcare · Finance & Insurance22% retail
Home Value Growth⬆⬆+18.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners73% of occupied units
Pontoon Beach
IL

Frequently Asked Questions

What are today's mortgage rates in Pontoon Beach?

As of today, the 30-year fixed mortgage rate for Pontoon Beach is approximately 7.047% (7.060% 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 Pontoon Beach?

The median home value in Pontoon Beach is $134k. The median monthly rent is $1,113. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pontoon Beach?

Home values in Pontoon Beach have increased 18.9% 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 Pontoon Beach?

Based on a typical all-in ownership cost of $1,046/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pontoon Beach is $65k/year.

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What industries drive the economy in Pontoon Beach?

The largest employment sectors in Pontoon Beach are retail (22%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.