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Harvard Community Unit School District 50

Learn about the people, housing, costs and businesses in Harvard Community Unit School District 50, Illinois

Median Home$264,890
Median Rent$1,220/month
Population51,664
Leading IndustriesRetail · Transportation25% retail
Home Value Growth⬆⬆+19.6% over 2 years
Young Adults35% of residentstop 4% nationally
Homeowners71% of occupied units
Harvard Community Unit School District 50
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 Harvard Community Unit School District 50?

As of today, the 30-year fixed mortgage rate for Harvard Community Unit School District 50 is approximately 6.967% (6.975% 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 Harvard Community Unit School District 50
What is the median home price in Harvard Community Unit School District 50?

The median home value in Harvard Community Unit School District 50 is $265k. The median monthly rent is $1,220. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Harvard Community Unit School District 50?

Home values in Harvard Community Unit School District 50 have increased 19.6% 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 Harvard Community Unit School District 50?

Based on a typical all-in ownership cost of $1,194/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Harvard Community Unit School District 50 is $82k/year.

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What industries drive the economy in Harvard Community Unit School District 50?

The largest employment sectors in Harvard Community Unit School District 50 are retail (25%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.