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Eldorado Community Unit School District 4

Learn about the people, housing, costs and businesses in Eldorado Community Unit School District 4, Illinois

Median Home$115,681
Median Rent$770/month
Population12,425
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining2% manufacturing
Home Value Growth⬆⬆⬆+23.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners73% of occupied units
NotableAffordable Market$116k median home · lower cost than 94% of the country
NotableVeteran Community8% of residents · top 27% nationally
Eldorado Community Unit School District 4
IL

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Frequently Asked Questions

What are today's mortgage rates in Eldorado Community Unit School District 4?

As of today, the 30-year fixed mortgage rate for Eldorado Community Unit School District 4 is approximately 7.301% (7.317% 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 Eldorado Community Unit School District 4
What is the median home price in Eldorado Community Unit School District 4?

The median home value in Eldorado Community Unit School District 4 is $116k. The median monthly rent is $770. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eldorado Community Unit School District 4?

Home values in Eldorado Community Unit School District 4 have increased 23.2% 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 Eldorado Community Unit School District 4?

Based on a typical all-in ownership cost of $649/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eldorado Community Unit School District 4 is $59k/year.

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What industries drive the economy in Eldorado Community Unit School District 4?

The largest employment sectors in Eldorado Community Unit School District 4 are public administration (28%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.