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Beach Park Community Consolidated School District 3

Learn about the people, housing, costs and businesses in Beach Park Community Consolidated School District 3, Illinois

Median Home$252,105
Median Rent$1,121/month
Population21,235
Leading IndustriesWholesale Trade · Healthcare · Arts, Food & Hospitality9% wholesale trade
Home Value Growth⬆⬆+20.1% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners73% of occupied units
NotableVeteran Community9% of residents · top 9% nationally
NotableAffordable Market$252k median home · lower cost than 74% of the country
Beach Park Community Consolidated School District 3
IL

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Frequently Asked Questions

What are today's mortgage rates in Beach Park Community Consolidated School District 3?

As of today, the 30-year fixed mortgage rate for Beach Park Community Consolidated School District 3 is approximately 7.056% (7.066% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Beach Park Community Consolidated School District 3
What is the median home price in Beach Park Community Consolidated School District 3?

The median home value in Beach Park Community Consolidated School District 3 is $252k. The median monthly rent is $1,121. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beach Park Community Consolidated School District 3?

Home values in Beach Park Community Consolidated School District 3 have increased 20.1% 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 Beach Park Community Consolidated School District 3?

Based on a typical all-in ownership cost of $1,360/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Beach Park Community Consolidated School District 3 is $82k/year.

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What industries drive the economy in Beach Park Community Consolidated School District 3?

The largest employment sectors in Beach Park Community Consolidated School District 3 are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.