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Hoopeston Area Community Unit School District 11

Learn about the people, housing, costs and businesses in Hoopeston Area Community Unit School District 11, Illinois

Median Home$93,306
Median Rent$845/month
Population6,834
Leading IndustriesProfessional Services · Education5% professional services
Home Value Growth⬆⬆+17.2% over 2 years
Young Adults29% of residentsslightly above average
Homeowners71% of occupied units
NotableAffordable Market$93k median home · lower cost than 98% of the country
Hoopeston Area Community Unit School District 11
IL

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Frequently Asked Questions

What are today's mortgage rates in Hoopeston Area Community Unit School District 11?

As of today, the 30-year fixed mortgage rate for Hoopeston Area Community Unit School District 11 is approximately 7.625% (7.673% 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 Hoopeston Area Community Unit School District 11
What is the median home price in Hoopeston Area Community Unit School District 11?

The median home value in Hoopeston Area Community Unit School District 11 is $93k. The median monthly rent is $845. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hoopeston Area Community Unit School District 11?

Home values in Hoopeston Area Community Unit School District 11 have increased 17.2% 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 Hoopeston Area Community Unit School District 11?

Based on a typical all-in ownership cost of $845/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hoopeston Area Community Unit School District 11 is $63k/year.

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What industries drive the economy in Hoopeston Area Community Unit School District 11?

The largest employment sectors in Hoopeston Area Community Unit School District 11 are public administration (13%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.