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Carrier Mills-Stonefort Community Unit

Learn about the people, housing, costs and businesses in Carrier Mills-Stonefort Community Unit, Illinois

Median Home$255,031
Median Rent$1,192/month
Population202,846
Leading IndustriesManufacturing · Professional Services · Retail1% manufacturing
Home Value Growth⬆⬆+13.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners68% of occupied units
Carrier Mills-Stonefort Community Unit
IL

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Frequently Asked Questions

What are today's mortgage rates in Carrier Mills-Stonefort Community Unit?

As of today, the 30-year fixed mortgage rate for Carrier Mills-Stonefort Community Unit is approximately 6.998% (7.007% 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 Carrier Mills-Stonefort Community Unit
What is the median home price in Carrier Mills-Stonefort Community Unit?

The median home value in Carrier Mills-Stonefort Community Unit is $255k. The median monthly rent is $1,192. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carrier Mills-Stonefort Community Unit?

Home values in Carrier Mills-Stonefort Community Unit have increased 13.1% 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 Carrier Mills-Stonefort Community Unit?

Based on a typical all-in ownership cost of $1,262/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carrier Mills-Stonefort Community Unit is $82k/year.

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What industries drive the economy in Carrier Mills-Stonefort Community Unit?

The largest employment sectors in Carrier Mills-Stonefort Community Unit are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.