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Galena Unit School District 120

Learn about the people, housing, costs and businesses in Galena Unit School District 120, Illinois

Median Home$220,482
Median Rent$922/month
Population20,868
Leading IndustriesManufacturing · Finance & Insurance · Agriculture & Mining2% manufacturing
Home Value Growth+8.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners80% of occupied units
Galena Unit School District 120
IL

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

Frequently Asked Questions

What are today's mortgage rates in Galena Unit School District 120?

As of today, the 30-year fixed mortgage rate for Galena Unit School District 120 is approximately 7.006% (7.015% 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 Galena Unit School District 120?

The median home value in Galena Unit School District 120 is $220k. The median monthly rent is $922. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Galena Unit School District 120?

Home values in Galena Unit School District 120 have increased 8.7% 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 Galena Unit School District 120?

Based on a typical all-in ownership cost of $880/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Galena Unit School District 120 is $76k/year.

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What industries drive the economy in Galena Unit School District 120?

The largest employment sectors in Galena Unit School District 120 are public administration (21%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.