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El Paso-Gridley Community Unit School District 11

Learn about the people, housing, costs and businesses in El Paso-Gridley Community Unit School District 11, Illinois

Median Home$179,167
Median Rent$890/month
Population12,063
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade11% construction
Home Value Growth⬆⬆⬆+26.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners83% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
NotableAffordable Market$179k median home · lower cost than 71% of the country
El Paso-Gridley Community Unit School District 11
IL

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Frequently Asked Questions

What are today's mortgage rates in El Paso-Gridley Community Unit School District 11?

As of today, the 30-year fixed mortgage rate for El Paso-Gridley Community Unit School District 11 is approximately 7.019% (7.032% 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 El Paso-Gridley Community Unit School District 11
What is the median home price in El Paso-Gridley Community Unit School District 11?

The median home value in El Paso-Gridley Community Unit School District 11 is $179k. The median monthly rent is $890. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in El Paso-Gridley Community Unit School District 11?

Home values in El Paso-Gridley Community Unit School District 11 have increased 26.8% 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 El Paso-Gridley Community Unit School District 11?

Based on a typical all-in ownership cost of $946/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in El Paso-Gridley Community Unit School District 11 is $79k/year.

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What industries drive the economy in El Paso-Gridley Community Unit School District 11?

The largest employment sectors in El Paso-Gridley Community Unit School District 11 are public administration (20%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.