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Winnebago

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

Median Home$212,600
Median Rent$1,087/month
Population2,849
Leading IndustriesRetail · Wholesale Trade · Transportation21% retail
Home Value Growth⬆⬆⬆+21.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners89% of occupied units
NotableHigh Incomes$98k/year · top 18% nationally
Winnebago
IL

Frequently Asked Questions

What are today's mortgage rates in Winnebago?

As of today, the 30-year fixed mortgage rate for Winnebago is approximately 6.973% (6.984% 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 Winnebago?

The median home value in Winnebago is $213k. The median monthly rent is $1,087. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Winnebago?

Home values in Winnebago have increased 21.5% 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 Winnebago?

Based on a typical all-in ownership cost of $1,248/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Winnebago is $98k/year.

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What industries drive the economy in Winnebago?

The largest employment sectors in Winnebago are public administration (24%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.