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Richview

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

Median Home$121,400
Median Rent$850/month
Population254
Leading IndustriesAgriculture & Mining · Wholesale Trade · Construction12% agriculture & mining
Home Value Growth+7.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Richview
IL

Frequently Asked Questions

What are today's mortgage rates in Richview?

As of today, the 30-year fixed mortgage rate for Richview 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 Richview?

The median home value in Richview is $121k. The median monthly rent is $850. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Richview?

Home values in Richview have increased 7.8% over the past two years. This represents moderate growth. 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 Richview?

Based on a typical all-in ownership cost of $866/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Richview is $80k/year.

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What industries drive the economy in Richview?

The largest employment sectors in Richview are public administration (21%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.