Quick facts: Rock city, IL

Quick Facts

102.4
Cost of Living
above US average
290
Population
27.59
Crime Rate per 1000
above US average
$57,083
Median Income
below US average
$45,000
Median House Price
above US average
$1707
Average Rent
above US average
9%
Poverty Rate
below 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 $57,083.

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Income Needed to Buy

βœ“ Affordable
$14k/year
Based on $45,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($57,083) 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 $57,083
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rock city, IL

Rock City is a small village located in Stephenson County, Illinois, approximately 100 miles west of Chicago. With a population of around 400 residents, it offers a close-knit community atmosphere that is typical of small-town America. The village is situated in a scenic area characterized by rolling hills and lush landscapes, making it a peaceful retreat from the hustle and bustle of larger urban centers. Visitors and residents alike enjoy various outdoor activities, including hiking and fishing in the nearby natural areas. Rock City is known for its historical significance, including its proximity to various local attractions. The village serves as a gateway to nearby towns with larger amenities, such as Freeport, which is only a short drive away. There, you can find shops, restaurants, and entertainment options that cater to a broader audience. In addition to its beautiful surroundings, Rock City hosts community events that foster a sense of togetherness, allowing residents to celebrate local culture and heritage. It embodies the charm of rural Illinois, offering a slower-paced lifestyle amidst picturesque scenery.

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