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Freeburg Community Consolidated School District 70

Learn about the people, housing, costs and businesses in Freeburg Community Consolidated School District 70, Illinois

Median Home$256,549
Median Rent$1,078/month
Population7,356
Leading IndustriesPublic Administration · Professional Services26% public administration
Home Value Growth⬆⬆+15.3% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners87% of occupied units
NotableVeteran Community11% of residents · top 3% nationally
NotableAffordable Market$257k median home · lower cost than 73% of the country
Freeburg Community Consolidated School District 70
IL

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Frequently Asked Questions

What are today's mortgage rates in Freeburg Community Consolidated School District 70?

As of today, the 30-year fixed mortgage rate for Freeburg Community Consolidated School District 70 is approximately 6.973% (6.981% 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 Freeburg Community Consolidated School District 70
What is the median home price in Freeburg Community Consolidated School District 70?

The median home value in Freeburg Community Consolidated School District 70 is $257k. The median monthly rent is $1,078. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Freeburg Community Consolidated School District 70?

Home values in Freeburg Community Consolidated School District 70 have increased 15.3% 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 Freeburg Community Consolidated School District 70?

Based on a typical all-in ownership cost of $1,441/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Freeburg Community Consolidated School District 70 is $107k/year.

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What industries drive the economy in Freeburg Community Consolidated School District 70?

The largest employment sectors in Freeburg Community Consolidated School District 70 are public administration (26%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.