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Grayville Community Unit School District 1

Learn about the people, housing, costs and businesses in Grayville Community Unit School District 1, Illinois

Median Home$338,374
Median Rent$1,458/month
Population81,431
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing7% finance & insurance
Home Value Growth⬆⬆⬆+22.8% over 2 years
Young Adults28% of residentsnear the national average
Renters57% of occupied units
Grayville Community Unit School District 1
IL

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Frequently Asked Questions

What are today's mortgage rates in Grayville Community Unit School District 1?

As of today, the 30-year fixed mortgage rate for Grayville Community Unit School District 1 is approximately 6.874% (6.880% 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 Grayville Community Unit School District 1
What is the median home price in Grayville Community Unit School District 1?

The median home value in Grayville Community Unit School District 1 is $338k. The median monthly rent is $1,458. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grayville Community Unit School District 1?

Home values in Grayville Community Unit School District 1 have increased 22.8% 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 Grayville Community Unit School District 1?

Based on a typical all-in ownership cost of $1,435/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 Grayville Community Unit School District 1 is $72k/year.

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What industries drive the economy in Grayville Community Unit School District 1?

The largest employment sectors in Grayville Community Unit School District 1 are public administration (19%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.