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Carmi-White County Community Unit School District 5

Learn about the people, housing, costs and businesses in Carmi-White County Community Unit School District 5, Illinois

Median Home$99,930
Median Rent$744/month
Population8,391
Leading IndustriesManufacturing · Healthcare · Arts, Food & Hospitality2% manufacturing
Home Value Growth+5.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners74% of occupied units
NotableAffordable Market$100k median home · lower cost than 97% of the country
NotableHighly Educated27% hold a bachelor's degree · top 10% nationally
Carmi-White County Community Unit School District 5
IL

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Frequently Asked Questions

What are today's mortgage rates in Carmi-White County Community Unit School District 5?

As of today, the 30-year fixed mortgage rate for Carmi-White County Community Unit School District 5 is approximately 7.625% (7.679% 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 Carmi-White County Community Unit School District 5?

The median home value in Carmi-White County Community Unit School District 5 is $100k. The median monthly rent is $744. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carmi-White County Community Unit School District 5?

Home values in Carmi-White County Community Unit School District 5 have increased 5.4% over the past two years. This represents moderate growth. 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 Carmi-White County Community Unit School District 5?

Based on a typical all-in ownership cost of $684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carmi-White County Community Unit School District 5 is $51k/year.

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What industries drive the economy in Carmi-White County Community Unit School District 5?

The largest employment sectors in Carmi-White County Community Unit School District 5 are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.