Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

South Jacksonville

Learn about the people, housing, costs and businesses in South Jacksonville, Illinois

Median Home$140,811
Median Rent$647/month
Population3,302
Leading IndustryPublic Administration36% of local workforce
Home Value Growth⬆⬆+13.4% over 2 years
Retirees28% of residentswell above average
Homeowners70% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$141k median home · lower cost than 78% of the country
South Jacksonville
IL

Frequently Asked Questions

What are today's mortgage rates in South Jacksonville?

As of today, the 30-year fixed mortgage rate for South Jacksonville is approximately 7.466% (7.485% 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 South Jacksonville
What is the median home price in South Jacksonville?

The median home value in South Jacksonville is $141k. The median monthly rent is $647. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Jacksonville?

Home values in South Jacksonville have increased 13.4% 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 South Jacksonville?

Based on a typical all-in ownership cost of $733/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Jacksonville is $52k/year.

Calculate your buying power
What industries drive the economy in South Jacksonville?

The largest employment sectors in South Jacksonville are public administration (36%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.