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Taylor Ridge

Learn about the people, housing, costs and businesses in Taylor Ridge, Illinois

Median Home$207,577
Median Rent$827/month
Population137
Leading IndustriesTransportation · Retail · Wholesale Trade4% transportation
Home Value Growth⬆⬆+16.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners89% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
NotableVeteran Community9% of residents · top 22% nationally
Taylor Ridge
IL

Frequently Asked Questions

What are today's mortgage rates in Taylor Ridge?

As of today, the 30-year fixed mortgage rate for Taylor Ridge 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.

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What is the median home price in Taylor Ridge?

The median home value in Taylor Ridge is $208k. The median monthly rent is $827. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taylor Ridge?

Home values in Taylor Ridge have increased 16.7% 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 Taylor Ridge?

Based on a typical all-in ownership cost of $1,122/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 Taylor Ridge is $94k/year.

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What industries drive the economy in Taylor Ridge?

The largest employment sectors in Taylor Ridge are retail (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.