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Fox Lake Grade School District 114

Learn about the people, housing, costs and businesses in Fox Lake Grade School District 114, Illinois

Median Home$232,747
Median Rent$1,131/month
Population8,949
Leading IndustriesRetail · Public Administration17% retail
Home Value Growth+6.6% over 2 years
Young Adults26% of residents
Homeowners72% of occupied units
NotableAffordable Market$233k median home · lower cost than 78% of the country
Fox Lake Grade School District 114
IL

Explore Fox Lake Grade School District 114

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Fox Lake Grade School District 114?

As of today, the 30-year fixed mortgage rate for Fox Lake Grade School District 114 is approximately 6.952% (6.963% 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 Fox Lake Grade School District 114
What is the median home price in Fox Lake Grade School District 114?

The median home value in Fox Lake Grade School District 114 is $233k. The median monthly rent is $1,131. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fox Lake Grade School District 114?

Home values in Fox Lake Grade School District 114 have increased 6.6% over the past two years. This represents moderate growth. 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 Fox Lake Grade School District 114?

Based on a typical all-in ownership cost of $1,318/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fox Lake Grade School District 114 is $63k/year.

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What industries drive the economy in Fox Lake Grade School District 114?

The largest employment sectors in Fox Lake Grade School District 114 are public administration (25%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.