Quick facts: Kirkland, IL

Quick Facts

102.4
Cost of Living
above US average
1,631
Population
1.23
Crime Rate per 1000
below US average
$86,950
Median Income
above US average
$195,000
Median House Price
above US average
$2200.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
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 $86,950.

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Income Needed to Buy

βœ“ Affordable
$61k/year
Based on $195,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($86,950) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$94k/year
Based on $2200.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $94k vs median $86,950
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kirkland, IL

Kirkland is a small village located in DeKalb County, Illinois. Nestled just west of the bustling city of DeKalb, Kirkland offers a quaint, community-oriented atmosphere with a population of approximately 1,600 residents. The village is known for its friendly charm, making it an appealing place for families and individuals looking for a quieter lifestyle. Kirkland features a variety of local amenities, including parks, schools, and small businesses that cater to its residents’ needs. The surrounding countryside offers beautiful scenic views and opportunities for outdoor activities. The Kirkland community hosts several events throughout the year, fostering a sense of togetherness among residents. Being part of the larger DeKalb County area, Kirkland provides easy access to major highways, connecting residents to nearby cities and attractions, including Northern Illinois University in DeKalb. This convenience, combined with its peaceful setting, makes Kirkland an inviting place to live for those seeking a blend of rural charm and accessibility to urban conveniences.

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