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Ford Heights School District 169

Learn about the people, housing, costs and businesses in Ford Heights School District 169, Illinois

Median Home$374,778
Median Rent$2,029/month
Population55,121
Leading IndustriesPublic Administration · Retail · Professional Services26% public administration
Home Value Growth⬆⬆⬆+22.8% over 2 years
Retirees21% of residentsslightly above average
Homeowners78% of occupied units
NotableVeteran Community8% of residents · top 18% nationally
NotableHigh Incomes$116k/year · top 22% nationally
Ford Heights School District 169
IL

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Frequently Asked Questions

What are today's mortgage rates in Ford Heights School District 169?

As of today, the 30-year fixed mortgage rate for Ford Heights School District 169 is approximately 6.888% (6.894% 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 Ford Heights School District 169?

The median home value in Ford Heights School District 169 is $375k. The median monthly rent is $2,029. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ford Heights School District 169?

Home values in Ford Heights School District 169 have increased 22.8% 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 Ford Heights School District 169?

Based on a typical all-in ownership cost of $1,852/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ford Heights School District 169 is $116k/year.

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What industries drive the economy in Ford Heights School District 169?

The largest employment sectors in Ford Heights School District 169 are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.