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Calumet City School District 155

Learn about the people, housing, costs and businesses in Calumet City School District 155, Illinois

Median Home$133,617
Median Rent$1,244/month
Population10,316
Leading IndustriesManufacturing · Agriculture & Mining · Construction2% manufacturing
Home Value Growth⬆⬆+17.9% over 2 years
Young Adults38% of residentstop 2% nationally
Homeowners64% of occupied units
Calumet City School District 155
IL

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Frequently Asked Questions

What are today's mortgage rates in Calumet City School District 155?

As of today, the 30-year fixed mortgage rate for Calumet City School District 155 is approximately 7.098% (7.112% 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 Calumet City School District 155?

The median home value in Calumet City School District 155 is $134k. The median monthly rent is $1,244. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Calumet City School District 155?

Home values in Calumet City School District 155 have increased 17.9% 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 Calumet City School District 155?

Based on a typical all-in ownership cost of $1,128/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Calumet City School District 155 is $62k/year.

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What industries drive the economy in Calumet City School District 155?

The largest employment sectors in Calumet City School District 155 are public administration (23%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.