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Time

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

Median Home$88,400
Median Rent$850/month
Population24
Leading IndustriesTransportation · Wholesale Trade · Construction7% transportation
Home Value Growth⬇-6.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners89% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Time
IL

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Time?›

As of today, the 30-year fixed mortgage rate for Time 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 Time?›

The median home value in Time is $88k. The median monthly rent is $850. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Time?›

Home values in Time have decreased 6.5% over the past two years. Buyers may find more negotiating room in this market. 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 Time?›

Based on a typical all-in ownership cost of $752/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Time is $52k/year.

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What industries drive the economy in Time?›

The largest employment sectors in Time are public administration (21%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.