In Coal City, a typical home is worth $201,600 and typical rent is $1,123 a month. Compared with all of Grundy County, the typical home value is 26% lower and typical household income is 21% lower.
Typical home value from Zillow, September 2021 to September 2026: from $216,613 to $274,407.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Coal City is in Grundy County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Grundy County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Wilmington, the typical rent is $888: 21% less than in Coal City ($1,123).
2
The typical home in Coal City is worth $201,600,26% less than in Grundy County as a whole ($271,700).
3
The typical household income in Coal City is $72,857,21% less than in Grundy County as a whole ($92,235).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Coal City
What homes there are in Coal City, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Coal City
Grundy County
Illinois
United States
Kind of home: Coal City and its comparisons
Measure
Coal City
Grundy County
Illinois
United States
Detached house
72%
72%
58%
61%
Attached house
15%
9%
6%
6%
Building of 2 to 4
Unreliable estimate
8%
12%
8%
Apartments (5 or more)
Unreliable estimate
7%
22%
19%
Mobile home
Unreliable estimate
4%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Coal City, 7 in 10 homes are single-family detached houses, about the same as in Grundy County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Coal City
Grundy County
Illinois
United States
Year built: Coal City and its comparisons
Measure
Coal City
Grundy County
Illinois
United States
Before 1960
28%
20%
38%
26%
1960–1979
20%
21%
26%
24%
1980–1999
24%
23%
20%
25%
2000–2009
19%
25%
11%
14%
2010 or later
Unreliable estimate
11%
6%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K37%
$200K–$300K19%
$300K–$500K28%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Coal City and its comparisons
Measure
Coal City
Under $100K
Unreliable estimate
$100K–$200K
37%
$200K–$300K
19%
$300K–$500K
28%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Coal City and its comparisons
Measure
Coal City
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,576 a month
Grundy County: $2,016 a month
Without a mortgage
$699 a month
Grundy County: $800 a month
Owners with a mortgage
55%
Grundy County: 67%
In Coal City, 55% of owners have a mortgage, and their typical cost is $1,576 a month, against $2,016 in Grundy County. Without one it drops to $699.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Coal CityNo clear change
Grundy County+36%
Illinois+35%
United States+53%
Typical rent
Coal CityNo clear change
Grundy County+18%
Illinois+26%
United States+33%
Typical household income
Coal CityNo clear change
Grundy County+19%
Illinois+27%
United States+29%
Change since 2015–2019: Coal City and its comparisons
Measure
Coal City
Grundy County
Illinois
United States
Typical home value
No clear change
+36%
+35%
+53%
Typical rent
No clear change
+18%
+26%
+33%
Typical household income
No clear change
+19%
+27%
+29%
The typical home value in Coal City stayed about the same since 2015–2019: the Census sees no clear change.
Rent in Coal City moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Coal City and its comparisons
Measure
Coal City
Grundy County
Illinois
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.0%
0.9%
More than one person per room
Unreliable estimate
2.4%
2.5%
3.4%
People per household
2.53
2.57
2.46
2.53
Drive alone
82%
82%
66%
69%
Carpool
Unreliable estimate
5%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
Unreliable estimate
1%
3%
3%
Work from home
Unreliable estimate
10%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Grundy County, a household in Coal City has 2.53 people on average.
To get to work, 82% of workers in Coal City drive alone; in Grundy County, 82%.
Do the math
What would you pay each month for a home in Coal City?
A typical home is tight for the typical income
We start with a typical home in Coal City, worth $201,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Coal City, which is $72,857 a year. For that payment to be 28% of income, a household would need to earn about $80,012 a year.
The calculator's FHA and conventional loan limits are those of all of Grundy County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Coal City. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,056 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,867
at 7.18% · 30 years
Loan amount
$197,949
Total interest
$284,801
Paid off in
November 2056
Includes $3,405 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,700 a month
Tight
$1,700 to $2,186 a month
Your payment · 31%
Hard
more than $2,186 a month
Compared with the typical household income in Coal City ($72,857 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,341
Property tax
$353
Home insurance
$84
FHA mortgage insurance (MIP)
$89
You need at least $7,056 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,867; principal and interest $1,341.
The city and its county
Coal City and Grundy County
Coal City is in Grundy County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Coal City
Map of Grundy County, Illinois, with Coal City marked. Around it, the neighboring counties.
Coal City
Grundy County
Other cities with a page
Coal City's own numbers
Typical home value
$201,600
Typical monthly rent
$1,123
Typical yearly household income
$72,857
Households that own their home
77%
Effective property tax rate
2.1%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Grundy County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,613
Price change over 5 years (FHFA)
+44%
Homes in a high flood-risk zone
3.5%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Grundy County.
A typical home in Coal City is worth $201,600: 26% below the county and 23% below Illinois. With the typical household income in Coal City ($72,857 a year), a typical home costs 2.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Coal City2.8 years
Grundy2.9 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Grundy County
According to FHFA’s house price index, home prices in Grundy County rose 68% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Grundy County.
Yearly change in FHFA’s price index in Grundy County, 2016 to 2025
2016: +2.5% +2.5% 2016
2017: +3.2% +3.2% 2017
2018: +5.0% +5.0% 2018
2019: +2.0% +2.0% 2019
2020: +2.6% +2.6% 2020
2021: +7.7% +7.7% 2021
2022: +10.4% +10.4% 2022
2023: +8.0% +8.0% 2023
2024: +5.1% +5.1% 2024
2025: +6.7% +6.7% 2025
Change in FHFA’s price index in Grundy County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+6.7%
+5.7%
+2.9%
5 years (2020–2025)
+44%
+47%
+47%
10 years (2015–2025)
+68%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Coal City next to Grundy County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Coal City$201,600
Grundy$271,700
Illinois$263,300
United States$332,700
Typical monthly rent
Coal City$1,123
Grundy$1,177
Illinois$1,274
United States$1,413
Typical yearly household income
Coal City$72,857
Grundy$92,235
Illinois$83,390
United States$80,734
See the full table
Coal City next to Grundy County and Illinois
Measure
Coal City
Grundy County
Illinois
U.S.
Typical home value
$201,600 ▼26% below the county
$271,700
$263,300
$332,700
Typical monthly rent
$1,123 ▼5% below the county
$1,177
$1,274
$1,413
Typical yearly household income
$72,857 ▼21% below the county
$92,235
$83,390
$80,734
Households that own their home
77% ▲2 points above the county
74%
67%
65%
Typical yearly property tax
$4,226 ▼22% below the county
$5,420
$5,298
$3,119
Effective property tax rate
2.1% ▲0.11 points above the county
1.99%
2.01%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Grundy County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Coal City
For a typical $201,600 home in Coal City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Coal City's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,867a month
Least cash to close
Down payment
$7,056
Cash to close
$13,104
Rate
7.18%
Mortgage insurance
FHA MIP · $89
Conventional, 5% down$1,830a month
Down payment
$10,080
Cash to close
$16,128
Rate
7.18%
Mortgage insurance
PMI · $96
Conventional, 20% down, no PMI$1,529a month
Down payment
$40,320
Cash to close
$46,368
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,716a month
Down payment
$30,240
Cash to close
$36,288
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Coal City
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,867
$7,056
$197,949
7.18%
FHA MIP · $89
$13,104
580
Conventional, 5% down
$1,830
$10,080
$191,520
7.18%
PMI · $96
$16,128
620*
Conventional, 20% down, no PMI
$1,529
$40,320
$161,280
7.18%
None
$46,368
620*
ITIN, 15% down (example)
$1,716
$30,240
$171,360
8.18%
None
$36,288
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Coal City is $1,123 a month: 5% below the county.
HUD publishes a fair market rent for all of Grundy County, by unit size. To pay the 2-bedroom one ($1,613 a month) without spending more than 30% of your income, you would need to earn $31.02 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Grundy County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,189
$22.87
$47,560
1 bedroom
$1,233
$23.71
$49,320
2 bedrooms
$1,613
$31.02
$64,520
3 bedrooms
$2,219
$42.67
$88,760
4 bedrooms
$2,567
$49.37
$102,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Coal City
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Coal City is in ZIP code 60416.
For 2 bedrooms it is $1,540: $73 less than the fair market rent for Grundy County ($1,613).
Fair market rent by ZIP code and size in Coal City, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
60416
$1,140
$1,180
$1,540
$2,120
$2,450
ZIP code2 bd3 bd
60416 $1,540$2,120
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Coal City when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Grundy County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Coal City or Grundy County. The ones below are statewide in Illinois: they work in Coal City the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
No legal help resource on our list is for Coal City or Grundy County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Coal City and all of Grundy County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Coal City?
The typical home value in Coal City is $201,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Grundy County it is $271,700.
How much does it cost to rent in Coal City?
Typical rent in Coal City is $1,123 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Grundy County is $1,613.
What is the FHA loan limit in Coal City?
Coal City uses the FHA limit for all of Grundy County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Coal City?
The typical homeowner in Coal City pays $4,226 a year, according to the U.S. Census Bureau. That is 2.1% of the home’s value; in Grundy County, the rate is 1.99%.
Where can I find free help to buy or rent in Coal City?
We found no HUD-approved counseling agencies with an office in Grundy County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
