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West Garfield Park

Learn about the people, housing, costs and businesses in West Garfield Park, Illinois

Median Home$216,770
Median Rent$1,210/month
Population15,096
Leading IndustriesFinance & Insurance · Information & Media14% finance & insurance
Home Value Growth+10.0% over 2 years
Retirees16% of residentsnear the national average
Renters68% of occupied units
West Garfield Park
IL

Frequently Asked Questions

What are today's mortgage rates in West Garfield Park?

As of today, the 30-year fixed mortgage rate for West Garfield Park is approximately 6.926% (6.973% 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 West Garfield Park?

The median home value in West Garfield Park is $217k. The median monthly rent is $1,210. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Garfield Park?

Home values in West Garfield Park have increased 10.0% 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 West Garfield Park?

Based on a typical all-in ownership cost of $1,283/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Garfield Park is $43k/year.

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What industries drive the economy in West Garfield Park?

The largest employment sectors in West Garfield Park are public administration (29%) and information and media (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas