Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Victoria

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

Median Home$122,800
Median Rent$789/month
Population241
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade10% construction
Home Value Growth⬆⬆⬆+38.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners90% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
Victoria
IL

Frequently Asked Questions

What are today's mortgage rates in Victoria?

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

View current rates for Victoria
What is the median home price in Victoria?

The median home value in Victoria is $123k. The median monthly rent is $789. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Victoria?

Home values in Victoria have increased 38.5% 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 Victoria?

Based on a typical all-in ownership cost of $792/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Victoria is $72k/year.

Calculate your buying power
What industries drive the economy in Victoria?

The largest employment sectors in Victoria are public administration (29%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.