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Central School District 51

Learn about the people, housing, costs and businesses in Central School District 51, Illinois

Median Home$369,550
Median Rent$1,570/month
Population33,217
Leading IndustriesRetail · Education13% retail
Home Value Growth⬆⬆⬆+23.9% over 2 years
Retirees23% of residentsabove average nationally
Homeowners80% of occupied units
Central School District 51
IL

Explore Central School District 51

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Central School District 51?

As of today, the 30-year fixed mortgage rate for Central School District 51 is approximately 6.932% (6.939% 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 Central School District 51?

The median home value in Central School District 51 is $370k. The median monthly rent is $1,570. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Central School District 51?

Home values in Central School District 51 have increased 23.9% 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 Central School District 51?

Based on a typical all-in ownership cost of $1,387/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Central School District 51 is $88k/year.

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What industries drive the economy in Central School District 51?

The largest employment sectors in Central School District 51 are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.