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Ladd Community Consolidated School District 94

Learn about the people, housing, costs and businesses in Ladd Community Consolidated School District 94, Illinois

Median Home$173,363
Median Rent$771/month
Population2,381
Leading IndustriesWholesale Trade · Manufacturing · Retail9% wholesale trade
Home Value Growth⬆⬆⬆+34.7% over 2 years
Retirees20% of residentsnear the national average
Homeowners74% of occupied units
NotableVeteran Community10% of residents · top 5% nationally
NotableAffordable Market$173k median home · lower cost than 88% of the country
Ladd Community Consolidated School District 94
IL

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Frequently Asked Questions

What are today's mortgage rates in Ladd Community Consolidated School District 94?

As of today, the 30-year fixed mortgage rate for Ladd Community Consolidated School District 94 is approximately 7.341% (7.358% 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 Ladd Community Consolidated School District 94
What is the median home price in Ladd Community Consolidated School District 94?

The median home value in Ladd Community Consolidated School District 94 is $173k. The median monthly rent is $771. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ladd Community Consolidated School District 94?

Home values in Ladd Community Consolidated School District 94 have increased 34.7% 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 Ladd Community Consolidated School District 94?

Based on a typical all-in ownership cost of $940/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ladd Community Consolidated School District 94 is $74k/year.

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What industries drive the economy in Ladd Community Consolidated School District 94?

The largest employment sectors in Ladd Community Consolidated School District 94 are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.