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Calhoun Community Unit School District 40

Learn about the people, housing, costs and businesses in Calhoun Community Unit School District 40, Illinois

Median Home$164,009
Median Rent$986/month
Population215,848
Leading IndustriesPublic Administration · Manufacturing · Wholesale Trade30% public administration
Home Value Growth⬆⬆+20.6% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners67% of occupied units
Calhoun Community Unit School District 40
IL

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Frequently Asked Questions

What are today's mortgage rates in Calhoun Community Unit School District 40?

As of today, the 30-year fixed mortgage rate for Calhoun Community Unit School District 40 is approximately 6.972% (6.980% 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 Calhoun Community Unit School District 40
What is the median home price in Calhoun Community Unit School District 40?

The median home value in Calhoun Community Unit School District 40 is $164k. The median monthly rent is $986. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Calhoun Community Unit School District 40?

Home values in Calhoun Community Unit School District 40 have increased 20.6% 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 Calhoun Community Unit School District 40?

Based on a typical all-in ownership cost of $906/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Calhoun Community Unit School District 40 is $66k/year.

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What industries drive the economy in Calhoun Community Unit School District 40?

The largest employment sectors in Calhoun Community Unit School District 40 are public administration (30%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.