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Shawneetown

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

Median Home$89,400
Median Rent$477/month
Population932
Leading IndustriesArts, Food & Hospitality · Construction · Agriculture & Mining10% arts, food & hospitality
Home Value Growth+6.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners71% of occupied units
NotableAffordable Market$89k median home · lower cost than 95% of the country
Shawneetown
IL

Frequently Asked Questions

What are today's mortgage rates in Shawneetown?

As of today, the 30-year fixed mortgage rate for Shawneetown is approximately 7.573% (7.595% 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 Shawneetown?

The median home value in Shawneetown is $89k. The median monthly rent is $477. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shawneetown?

Home values in Shawneetown have increased 6.7% over the past two years. This represents moderate growth. 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 Shawneetown?

Based on a typical all-in ownership cost of $546/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shawneetown is $52k/year.

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What industries drive the economy in Shawneetown?

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