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Tamms

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

Median Home$89,700
Median Rent$746/month
Population418
Leading IndustriesTransportation · Manufacturing · Education7% transportation
Retirees25% of residentsabove average nationally
Homeowners82% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableTransit83/100 · excellent transit access
Tamms
IL

Frequently Asked Questions

What are today's mortgage rates in Tamms?

As of today, the 30-year fixed mortgage rate for Tamms is approximately 7.571% (7.593% 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 Tamms?

The median home value in Tamms is $90k. The median monthly rent is $746. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Tamms?

Based on a typical all-in ownership cost of $697/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tamms is $55k/year.

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What industries drive the economy in Tamms?

The largest employment sectors in Tamms are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.