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Grand Ridge Community Consolidated School District 95

Learn about the people, housing, costs and businesses in Grand Ridge Community Consolidated School District 95, Illinois

Median Home$308,393
Median Rent$1,371/month
Population5,417
Leading IndustriesArts, Food & Hospitality · Agriculture & Mining · Professional Services9% arts, food & hospitality
Home Value Growth⬆⬆+18.0% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners89% of occupied units
NotableHighly Educated26% bachelor's · 12% graduate · top 14% nationally
NotableHigh Incomes$108k/year · top 28% nationally
Grand Ridge Community Consolidated School District 95
IL

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Frequently Asked Questions

What are today's mortgage rates in Grand Ridge Community Consolidated School District 95?

As of today, the 30-year fixed mortgage rate for Grand Ridge Community Consolidated School District 95 is approximately 6.895% (6.901% 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 Grand Ridge Community Consolidated School District 95?

The median home value in Grand Ridge Community Consolidated School District 95 is $308k. The median monthly rent is $1,371. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand Ridge Community Consolidated School District 95?

Home values in Grand Ridge Community Consolidated School District 95 have increased 18.0% 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 Grand Ridge Community Consolidated School District 95?

Based on a typical all-in ownership cost of $1,447/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 Grand Ridge Community Consolidated School District 95 is $108k/year.

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What industries drive the economy in Grand Ridge Community Consolidated School District 95?

The largest employment sectors in Grand Ridge Community Consolidated School District 95 are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.