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Gavin School District 37

Learn about the people, housing, costs and businesses in Gavin School District 37, Illinois

Median Home$246,892
Median Rent$1,163/month
Population7,843
Leading IndustriesFinance & Insurance · Information & Media · Public Administration7% finance & insurance
Home Value Growth⬆⬆+11.1% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners78% of occupied units
NotableAffordable Market$247k median home · lower cost than 75% of the country
Gavin School District 37
IL

Explore Gavin School District 37

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

Frequently Asked Questions

What are today's mortgage rates in Gavin School District 37?

As of today, the 30-year fixed mortgage rate for Gavin School District 37 is approximately 6.992% (7.001% 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 Gavin School District 37?

The median home value in Gavin School District 37 is $247k. The median monthly rent is $1,163. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gavin School District 37?

Home values in Gavin School District 37 have increased 11.1% 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 Gavin School District 37?

Based on a typical all-in ownership cost of $1,376/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gavin School District 37 is $95k/year.

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What industries drive the economy in Gavin School District 37?

The largest employment sectors in Gavin School District 37 are public administration (25%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.