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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Wilmington, IL Housing Affordability Index

Wilmington, Illinois has an MBR Housing Affordability Index score of 428.5 (Highly Affordable) as of October 30, 2026, ranking 8th most affordable of 1,249 scored Illinois cities, compared with 102.2 statewide and 97.4 nationally. On a median-priced $34,500 home with 20% down, the Illinois average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $189, or 3% of the city’s $74,167 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Wilmington is updated every night from live Illinois mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Wilmington MBR-HAI 428.5 Highly Affordable
Rank in Illinois 8 of 1,249 1 = most affordable
Illinois 102.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Illinois lenders
Median home value $34,500 U.S. Census Bureau

Wilmington is 326.3 points above the Illinois score. Scores as of October 30, 2026. See the Illinois index

View Wilmington Mortgage Rates

What It Takes to Buy in Wilmington

$189/mo
Principal & Interest
Median home, 20% down, 7.31%
$8,100
Income Needed
To keep the payment at 28% of income
$74,167
Median Household Income
Illinois: $83,390
0.5x
Price-to-Income Ratio
Illinois: 3.2x
$1,330/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$4,588/yr
Median Property Tax
13.30% of median value
19.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
52.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Wilmington, Illinois. The rate is the Illinois average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Wilmington Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Wilmington, Illinois score: 428.5 (Highly Affordable), ranked 8 of 1,249 Illinois cities. monitorbankrates.com/housing-affordability-index/illinois/wilmington”