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Rockton

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

Median Home$224,140
Median Rent$1,430/month
Population7,640
Leading IndustriesRetail · Transportation · Public Administration20% retail
Home Value Growth⬆⬆+20.6% over 2 years
Family-Friendly29% of residentswell above average
Homeowners85% of occupied units
NotableHigh Incomes$109k/year · top 12% nationally
NotableAmenity Score67/100 · highly walkable area
Rockton
IL

Frequently Asked Questions

What are today's mortgage rates in Rockton?

As of today, the 30-year fixed mortgage rate for Rockton is approximately 7.044% (7.054% 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 Rockton?

The median home value in Rockton is $224k. The median monthly rent is $1,430. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rockton?

Home values in Rockton have increased 20.6% 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 Rockton?

Based on a typical all-in ownership cost of $1,359/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rockton is $109k/year.

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What industries drive the economy in Rockton?

The largest employment sectors in Rockton are public administration (26%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.