Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Homewood School District 153

Learn about the people, housing, costs and businesses in Homewood School District 153, Illinois

Median Home$221,564
Median Rent$1,551/month
Population16,303
Leading IndustriesPublic Administration · Manufacturing · Professional Services29% public administration
Home Value Growth⬆⬆+11.3% over 2 years
Retirees21% of residentsslightly above average
Homeowners81% of occupied units
Homewood School District 153
IL

Explore Homewood School District 153

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

Frequently Asked Questions

What are today's mortgage rates in Homewood School District 153?

As of today, the 30-year fixed mortgage rate for Homewood School District 153 is approximately 7.083% (7.094% 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 Homewood School District 153
What is the median home price in Homewood School District 153?

The median home value in Homewood School District 153 is $222k. The median monthly rent is $1,551. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Homewood School District 153?

Home values in Homewood School District 153 have increased 11.3% 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 Homewood School District 153?

Based on a typical all-in ownership cost of $1,409/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Homewood School District 153 is $85k/year.

Calculate your buying power
What industries drive the economy in Homewood School District 153?

The largest employment sectors in Homewood School District 153 are public administration (29%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.