Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Poplar Grove

Learn about the people, housing, costs and businesses in Poplar Grove, Illinois

Median Home$279,299
Median Rent$1,472/month
Population4,830
Leading IndustriesRetail · Transportation · Public Administration23% retail
Home Value Growth⬆⬆⬆+24.1% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners96% of occupied units
NotableHigh Incomes$115k/year · top 10% nationally
Poplar Grove
IL

Frequently Asked Questions

What are today's mortgage rates in Poplar Grove?

As of today, the 30-year fixed mortgage rate for Poplar Grove is approximately 6.960% (6.968% 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 Poplar Grove
What is the median home price in Poplar Grove?

The median home value in Poplar Grove is $279k. The median monthly rent is $1,472. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Poplar Grove?

Home values in Poplar Grove have increased 24.1% 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 Poplar Grove?

Based on a typical all-in ownership cost of $1,536/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Poplar Grove is $115k/year.

Calculate your buying power
What industries drive the economy in Poplar Grove?

The largest employment sectors in Poplar Grove are public administration (27%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.