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Flanagan-Cornell District 74 in Pontiac

Learn about the people, housing, costs and businesses in Flanagan-Cornell District 74 in Pontiac, Illinois

Median Home$86,900
Median Rent$761/month
Population48
Leading IndustriesRetail · Professional Services21% retail
Home Value Growth⬆⬆+15.1% over 2 years
Family-Friendly26% of residentswell above average
Homeowners60% of occupied units
NotableAffordable Market$87k median home · lower cost than 100% of the country
NotableVeteran Community8% of residents · top 19% nationally
Flanagan-Cornell District 74 in Pontiac
IL

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Frequently Asked Questions

What are today's mortgage rates in Flanagan-Cornell District 74 in Pontiac?

As of today, the 30-year fixed mortgage rate for Flanagan-Cornell District 74 in Pontiac is approximately 6.994% (7.003% 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 Flanagan-Cornell District 74 in Pontiac?

The median home value in Flanagan-Cornell District 74 in Pontiac is $87k. The median monthly rent is $761. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Flanagan-Cornell District 74 in Pontiac?

Home values in Flanagan-Cornell District 74 in Pontiac have increased 15.1% 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 Flanagan-Cornell District 74 in Pontiac?

Based on a typical all-in ownership cost of $826/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Flanagan-Cornell District 74 in Pontiac is $65k/year.

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What industries drive the economy in Flanagan-Cornell District 74 in Pontiac?

The largest employment sectors in Flanagan-Cornell District 74 in Pontiac are public administration (22%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.