Quick facts: Chandlerville, IL

Quick Facts

102.4
Cost of Living
above US average
514
Population
455.25
Crime Rate per 1000
above US average
$42,031
Median Income
below US average
$347,000
Median House Price
above US average
$1707
Average Rent
above US average
12%
Poverty Rate
above US average
3.2%
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 $42,031.

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Income Needed to Buy

βœ— Stretch
$109k/year
Based on $347,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $109k vs median $42,031
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Income Needed to Rent

⚠ Stretch
$73k/year
Based on $1707/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $73k vs median $42,031
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Chandlerville, IL

Chandlerville is a small village located in Cass County, Illinois. With a population of around 1,300 residents, it offers a close-knit community atmosphere. Established in the mid-19th century, Chandlerville has a rural charm, characterized by its agriculture and serene landscapes. The village is primarily residential, with a few local businesses serving the community, making it ideal for those seeking a quieter lifestyle away from the hustle and bustle of urban areas. Chandlerville is situated near the Sangamon River, providing opportunities for outdoor activities such as fishing and hiking. The village hosts various community events throughout the year, fostering local engagement and providing residents with a sense of belonging. Its proximity to larger towns and cities enhances access to broader amenities while maintaining its quaint, small-town appeal. For anyone looking for a peaceful place to live or visit, Chandlerville represents a slice of rural American life.

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