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Willow Hill

Learn about the people, housing, costs and businesses in Willow Hill, Illinois

Median Home$155,900
Median Rent$796/month
Population176
Leading IndustriesConstruction · Agriculture & Mining · Transportation11% construction
Home Value Growth⬆⬆+13.5% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners91% of occupied units
NotableAffordable Market$156k median home · lower cost than 72% of the country
Willow Hill
IL

Frequently Asked Questions

What are today's mortgage rates in Willow Hill?

As of today, the 30-year fixed mortgage rate for Willow Hill 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 Willow Hill?

The median home value in Willow Hill is $156k. The median monthly rent is $796. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Willow Hill?

Home values in Willow Hill have increased 13.5% 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 Willow Hill?

Based on a typical all-in ownership cost of $770/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Willow Hill is $84k/year.

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What industries drive the economy in Willow Hill?

The largest employment sectors in Willow Hill are public administration (17%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.