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Wyanet

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

Median Home$138,100
Median Rent$907/month
Population857
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration12% arts, food & hospitality
Home Value Growth+5.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated31% bachelor's · 17% graduate · top 7% nationally
Wyanet
IL

Frequently Asked Questions

What are today's mortgage rates in Wyanet?

As of today, the 30-year fixed mortgage rate for Wyanet is approximately 6.920% (6.927% 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 Wyanet?

The median home value in Wyanet is $138k. The median monthly rent is $907. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wyanet?

Home values in Wyanet have increased 5.2% over the past two years. This represents moderate growth. 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 Wyanet?

Based on a typical all-in ownership cost of $984/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wyanet is $85k/year.

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What industries drive the economy in Wyanet?

The largest employment sectors in Wyanet are public administration (27%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.