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Roscoe

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

Median Home$227,804
Median Rent$1,375/month
Population11,217
Leading IndustryRetail20% of local workforce
Home Value Growth⬆⬆⬆+21.6% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$102k/year · top 16% nationally
Roscoe
IL

Frequently Asked Questions

What are today's mortgage rates in Roscoe?

As of today, the 30-year fixed mortgage rate for Roscoe is approximately 6.977% (6.986% 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 Roscoe?

The median home value in Roscoe is $228k. The median monthly rent is $1,375. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Roscoe?

Home values in Roscoe have increased 21.6% 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 Roscoe?

Based on a typical all-in ownership cost of $1,427/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Roscoe is $102k/year.

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What industries drive the economy in Roscoe?

The largest employment sectors in Roscoe are public administration (24%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.