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These days, finding an affordable place to live in the Henderson Grove area can be challenging. Home prices in Henderson Grove are now at a median cost of $174,684, lower than the Illinois average of $300,242.
The average cost of rent is $712/mo in Henderson Grove, primarily driven by the current value of real estate in the Henderson Grove area. In Henderson Grove, 23.14% of households rent, and 54.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henderson Grove is $7,682 per month. Households that rent pay about 9.27% of their income on rent here. Henderson Grove’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Henderson, IL: equally priced homes
- Shanghai City, IL: less expensive homes
- Rio, IL: less expensive homes
- Galesburg, IL: less expensive homes
- North Henderson, IL: less expensive homes
- Wataga, IL: less expensive homes
- Gerlaw, IL: less expensive homes
- East Galesburg, IL: less expensive homes
- Alexis, IL: less expensive homes
- Oneida, IL: less expensive homes
Cities with Similar Populations
- Reagor Springs, TX: higher priced homes
- New Hope, NY: equally priced homes
- New Lebanon, IN: equally priced homes
- New Odanah, WI: less expensive homes
- New Providence, KY: higher priced homes
- New Somerset, OH: higher priced homes
- Newbern, IA: higher priced homes
- Newburg, ND: higher priced homes
- Newell, AR: higher priced homes
- Newstead, KY: higher priced homes
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