Safe Rate Local
Learn about the people, housing, costs and businesses in Scales Mound, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Scales Mound.
True all-in cost — P&I, taxes, insurance & utilities for homes in Scales Mound.
Find and compare lenders active near Scales Mound.
FEMA flood zones and flood insurance estimates for Scales Mound.
Seismic risk and earthquake insurance estimates for Scales Mound.
Wildfire exposure and insurance estimates for Scales Mound.
As of today, the 30-year fixed mortgage rate for Scales Mound 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.
View current rates for Scales MoundThe median home value in Scales Mound is $295k. The median monthly rent is $869. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Scales Mound have increased 6.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,114/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Scales Mound is $81k/year.
Calculate your buying powerThe largest employment sectors in Scales Mound are retail (17%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.