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Addison School District 4

Learn about the people, housing, costs and businesses in Addison School District 4, Illinois

Median Home$362,201
Median Rent$1,589/month
Population198,885
Leading IndustriesPublic Administration · Professional Services27% public administration
Home Value Growth⬆⬆+14.6% over 2 years
Young Adults32% of residentswell above average
Homeowners58% of occupied units
Addison School District 4
IL

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Addison School District 4?

As of today, the 30-year fixed mortgage rate for Addison School District 4 is approximately 6.886% (6.892% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Addison School District 4?

The median home value in Addison School District 4 is $362k. The median monthly rent is $1,589. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Addison School District 4?

Home values in Addison School District 4 have increased 14.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Addison School District 4?

Based on a typical all-in ownership cost of $1,458/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Addison School District 4 is $83k/year.

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What industries drive the economy in Addison School District 4?

The largest employment sectors in Addison School District 4 are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.