Quick facts: Carterville, IL

Quick Facts

102.4
Cost of Living
above US average
5,815
Population
12.21
Crime Rate per 1000
below US average
$59,174
Median Income
below US average
$198,000
Median House Price
above US average
$950.0
Average Rent
below US average
9%
Poverty Rate
below US average
3.4%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $59,174.

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Income Needed to Buy

βœ— Stretch
$62k/year
Based on $198,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $62k vs median $59,174
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Income Needed to Rent

βœ“ Affordable
$41k/year
Based on $950.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($59,174) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Carterville, IL

Carterville is a small city located in southern Illinois, primarily in Williamson County. With a population of just over 5,000 residents, it exudes a tight-knit community atmosphere. Established in the late 19th century, Carterville has a rich history tied to coal mining, which played a significant role in its development. The city is conveniently situated near larger urban centers, including Marion and Carbondale, making it an attractive place for those who enjoy a quieter lifestyle while benefiting from nearby amenities. Outdoor enthusiasts can take advantage of the beautiful landscapes in the region, including parks and recreational areas. Carterville features local shops, restaurants, and family-owned businesses that contribute to its charm. The city's commitment to community events and activities fosters a sense of belonging among its residents. Educational institutions, including Carterville High School, serve the local youth, emphasizing quality education and community involvement. Overall, Carterville offers a blend of small-town charm, a rich history, and access to the natural beauty of southern Illinois, making it a welcoming place to live and visit.

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