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Henry-Senachwine Consolidated Unit School District 5

Learn about the people, housing, costs and businesses in Henry-Senachwine Consolidated Unit School District 5, Illinois

Median Home$183,748
Median Rent$855/month
Population6,552
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing8% construction
Home Value Growth+5.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
NotableAffordable Market$184k median home · lower cost than 68% of the country
Henry-Senachwine Consolidated Unit School District 5
IL

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Frequently Asked Questions

What are today's mortgage rates in Henry-Senachwine Consolidated Unit School District 5?

As of today, the 30-year fixed mortgage rate for Henry-Senachwine Consolidated Unit School District 5 is approximately 7.003% (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 Henry-Senachwine Consolidated Unit School District 5?

The median home value in Henry-Senachwine Consolidated Unit School District 5 is $184k. The median monthly rent is $855. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Henry-Senachwine Consolidated Unit School District 5?

Home values in Henry-Senachwine Consolidated Unit School District 5 have increased 5.8% 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 Henry-Senachwine Consolidated Unit School District 5?

Based on a typical all-in ownership cost of $960/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Henry-Senachwine Consolidated Unit School District 5 is $76k/year.

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What industries drive the economy in Henry-Senachwine Consolidated Unit School District 5?

The largest employment sectors in Henry-Senachwine Consolidated Unit School District 5 are public administration (20%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.