Quick facts: Kell, IL

Quick Facts

102.4
Cost of Living
above US average
170
Population
58.82
Crime Rate per 1000
above US average
$53,333
Median Income
below US average
$85,000
Median House Price
above US average
$1707
Average Rent
above US average
15%
Poverty Rate
above US average
4.5%
Unemployment Rate
above 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 $53,333.

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Income Needed to Buy

βœ“ Affordable
$27k/year
Based on $85,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($53,333) exceeds requirement
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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 $53,333
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kell, IL

Kell is a small village located in Marion County, Illinois. With a population of just a few hundred residents, it offers a tight-knit community atmosphere. The village is situated in the south-central part of Illinois, surrounded by farmland and natural landscapes, providing a peaceful rural setting. Kell is primarily a residential area, but residents often engage in local agriculture and enjoy outdoor activities in the nearby woodlands and fields. The village is close to larger towns such as Salem, which offers additional amenities, shopping, and dining options. Kell is characterized by its historic charm, with several older homes and buildings reflecting the region's history. The community is served by the Kell Community Unit School District, focusing on providing quality education to its students. Overall, Kell, IL presents a tranquil rural lifestyle, ideal for those seeking a quieter pace of life away from urban centers.

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