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Scott AFB

Learn about the people, housing, costs and businesses in Scott AFB, Illinois

Median Home$271,600
Median Rent$1,843/month
Population3,796
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services9% arts, food & hospitality
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly29% of residentswell above average
Renters77% of occupied units
NotableVeteran Community17% of residents · top 1% nationally
NotableHigh Incomes$152k/year · top 4% nationally
Scott AFB
IL

Frequently Asked Questions

What are today's mortgage rates in Scott AFB?

As of today, the 30-year fixed mortgage rate for Scott AFB is approximately 6.978% (6.987% 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 Scott AFB?

The median home value in Scott AFB is $272k. The median monthly rent is $1,843. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Scott AFB?

Home values in Scott AFB have increased 15.9% 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 Scott AFB?

Based on a typical all-in ownership cost of $1,882/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Scott AFB is $152k/year.

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What industries drive the economy in Scott AFB?

The largest employment sectors in Scott AFB are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.