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Tilton

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

Median Home$71,447
Median Rent$883/month
Population2,555
Leading IndustriesTransportation · Healthcare · Wholesale Trade6% transportation
Home Value Growth⬆⬆+15.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners76% of occupied units
NotableAmenity Score68/100 · highly walkable area
Tilton
IL

Frequently Asked Questions

What are today's mortgage rates in Tilton?

As of today, the 30-year fixed mortgage rate for Tilton is approximately 7.625% (7.734% 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 Tilton?

The median home value in Tilton is $71k. The median monthly rent is $883. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tilton?

Home values in Tilton have increased 15.6% 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 Tilton?

Based on a typical all-in ownership cost of $645/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tilton is $56k/year.

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What industries drive the economy in Tilton?

The largest employment sectors in Tilton are public administration (22%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.