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Will County

Learn about the people, housing, costs and businesses in Will County County

Median Home$330,210
Median Rent$1,754/month
Population701,462
Leading IndustriesFinance & Insurance · Information & Media · Arts, Food & Hospitality9% finance & insurance
Home Value Growth⬆⬆+17.4% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners83% of occupied units
NotableHigh Incomes$118k/year · top 3% nationally
NotableHighly Educated23% bachelor's · 12% graduate · top 12% nationally
Will County
IL

Frequently Asked Questions

What are today's mortgage rates in Will County?

As of today, the 30-year fixed mortgage rate for Will County is approximately 6.988% (7.016% 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 Will County
What is the median home price in Will County?

The median home value in Will County is $330k. The median monthly rent is $1,754. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Will County?

Home values in Will County have increased 17.4% 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 Will County?

Based on a typical all-in ownership cost of $1,890/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Will County is $118k/year.

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What industries drive the economy in Will County?

The largest employment sectors in Will County are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas