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Rosewood Heights

Learn about the people, housing, costs and businesses in Rosewood Heights, Illinois

Median Home$139,142
Median Rent$820/month
Population4,166
Leading IndustriesManufacturing · Retail · Healthcare1% manufacturing
Home Value Growth⬆⬆+20.1% over 2 years
Retirees24% of residentsslightly above average
Homeowners90% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableTransit86/100 · excellent transit access
Rosewood Heights
IL

Frequently Asked Questions

What are today's mortgage rates in Rosewood Heights?

As of today, the 30-year fixed mortgage rate for Rosewood Heights is approximately 7.335% (7.352% 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 Rosewood Heights?

The median home value in Rosewood Heights is $139k. The median monthly rent is $820. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rosewood Heights?

Home values in Rosewood Heights have increased 20.1% 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 Rosewood Heights?

Based on a typical all-in ownership cost of $925/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rosewood Heights is $72k/year.

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What industries drive the economy in Rosewood Heights?

The largest employment sectors in Rosewood Heights are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.