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Housing in Ross

A typical Ross home is worth roughly $94,000

Typical home value
$94K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$1,590
IL $5,298

What kind of housing town is Ross?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.5 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$218,000
Typical Ross home $94K

That covers a typical Ross home, with $123K to spare.

The typical home, each month
$630
Loan $470Tax $130Insurance $30

A two-bedroom rents for about $920 a month here, $290 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ross’s typical property tax (1.69% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $920

Renters already here pay a median of $727, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$630
1 bedroom$760
2 bedrooms$920
3 bedrooms$1,220
4 bedrooms$1,400
36%
of households rent · IL 33%
195
renter households
31%
of renters spend 30%+ of income on rent · IL 48%
18%
of the median income, for a two-bedroom
$727
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Edgar County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

64% of Ross households own their home

Half of Ross’s homes were built before 1956.

Owners and renters
Own 64%Rent 36%

Illinois: 67% own.

1956
typical home built · IL 1971
$1,590
median property tax bill · IL $5,298
1.69%
of a home’s value, a year in tax · IL 2.01%
3%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Ross vs. its neighbors

Ross is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Ross$94K*—$920$61,850
Young America$75K*—$1,040$62,361
Elwood$79K*—$920$54,375

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Ross buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Ross still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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