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Bremen Community High School District 228

Learn about the people, housing, costs and businesses in Bremen Community High School District 228, Illinois

Median Home$258,206
Median Rent$1,502/month
Population98,150
Leading IndustriesFinance & Insurance · Information & Media6% finance & insurance
Home Value Growth⬆⬆+15.0% over 2 years
Retirees21% of residentsslightly above average
Homeowners75% of occupied units
Bremen Community High School District 228
IL

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Frequently Asked Questions

What are today's mortgage rates in Bremen Community High School District 228?

As of today, the 30-year fixed mortgage rate for Bremen Community High School District 228 is approximately 7.009% (7.018% 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 Bremen Community High School District 228
What is the median home price in Bremen Community High School District 228?

The median home value in Bremen Community High School District 228 is $258k. The median monthly rent is $1,502. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bremen Community High School District 228?

Home values in Bremen Community High School District 228 have increased 15.0% 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 Bremen Community High School District 228?

Based on a typical all-in ownership cost of $1,517/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bremen Community High School District 228 is $85k/year.

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What industries drive the economy in Bremen Community High School District 228?

The largest employment sectors in Bremen Community High School District 228 are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.