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East Coloma-Nelson Consolidated Elementary School District 20

Learn about the people, housing, costs and businesses in East Coloma-Nelson Consolidated Elementary School District 20, Illinois

Median Home$128,427
Median Rent$880/month
Population2,919
Leading IndustriesRetail · Information & Media · Public Administration23% retail
Home Value Growth⬆⬆+17.2% over 2 years
Retirees23% of residentsabove average nationally
Homeowners86% of occupied units
NotableAffordable Market$128k median home · lower cost than 96% of the country
East Coloma-Nelson Consolidated Elementary School District 20
IL

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Frequently Asked Questions

What are today's mortgage rates in East Coloma-Nelson Consolidated Elementary School District 20?

As of today, the 30-year fixed mortgage rate for East Coloma-Nelson Consolidated Elementary School District 20 is approximately 7.072% (7.086% 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 East Coloma-Nelson Consolidated Elementary School District 20
What is the median home price in East Coloma-Nelson Consolidated Elementary School District 20?

The median home value in East Coloma-Nelson Consolidated Elementary School District 20 is $128k. The median monthly rent is $880. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Coloma-Nelson Consolidated Elementary School District 20?

Home values in East Coloma-Nelson Consolidated Elementary School District 20 have increased 17.2% 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 East Coloma-Nelson Consolidated Elementary School District 20?

Based on a typical all-in ownership cost of $1,048/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Coloma-Nelson Consolidated Elementary School District 20 is $85k/year.

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What industries drive the economy in East Coloma-Nelson Consolidated Elementary School District 20?

The largest employment sectors in East Coloma-Nelson Consolidated Elementary School District 20 are public administration (26%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.