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Rock Island Arsenal

Learn about the people, housing, costs and businesses in Rock Island Arsenal, Illinois

Median Home$80,500
Median Rent$808/month
Population177
Leading IndustriesRetail · Professional Services · Finance & Insurance27% retail
Home Value Growth⬆⬆+13.6% over 2 years
Family-Friendly29% of residentswell above average
Renters77% of occupied units
NotableTransit99/100 · excellent transit access
NotableAmenity Score78/100 · highly walkable area
Rock Island Arsenal
IL

Frequently Asked Questions

What are today's mortgage rates in Rock Island Arsenal?

As of today, the 30-year fixed mortgage rate for Rock Island Arsenal 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 Rock Island Arsenal?

The median home value in Rock Island Arsenal is $81k. The median monthly rent is $808. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rock Island Arsenal?

Home values in Rock Island Arsenal have increased 13.6% 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 Rock Island Arsenal?

Based on a typical all-in ownership cost of $801/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rock Island Arsenal is $37k/year.

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What industries drive the economy in Rock Island Arsenal?

The largest employment sectors in Rock Island Arsenal are retail (27%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.