Quick facts: Roseville, IL

Quick Facts

102.4
Cost of Living
above US average
864
Population
17.36
Crime Rate per 1000
below US average
$52,798
Median Income
below US average
$70,000
Median House Price
above US average
$1707
Average Rent
above US average
10%
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 $52,798.

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Income Needed to Buy

βœ“ Affordable
$22k/year
Based on $70,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($52,798) 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 $52,798
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Roseville, IL

Roseville is a small village located in Knox County, Illinois. Situated in the heart of the Midwest, it offers a quaint, tight-knit community atmosphere. With a population of just over 1,000 residents, Roseville provides a peaceful escape from the hustle and bustle of busier urban areas. The village has a rich agricultural background, making it a charming spot with scenic landscapes. Key features include local parks that offer recreational opportunities such as walking trails, playgrounds, and spaces for community events. The nearby Spoon River also provides opportunities for fishing and outdoor activities. Roseville has a strong sense of community, with events throughout the year that bring residents together, fostering neighborly connections. The village is easily accessible, located near major highways, allowing for convenient travel to larger cities for additional amenities and services. Roseville’s small-town charm, coupled with its welcoming residents, makes it a unique place to live or visit for those looking for a tranquil environment.

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