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Woodland

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

Median Home$105,800
Median Rent$824/month
Population241
Leading IndustriesProfessional Services · Transportation · Finance & Insurance3% professional services
Home Value Growth⬆⬆⬆+22.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit79/100 · excellent transit access
Woodland
IL

Frequently Asked Questions

What are today's mortgage rates in Woodland?

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

The median home value in Woodland is $106k. The median monthly rent is $824. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodland?

Home values in Woodland have increased 22.5% 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 Woodland?

Based on a typical all-in ownership cost of $736/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodland is $64k/year.

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What industries drive the economy in Woodland?

The largest employment sectors in Woodland are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.