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Lake Zurich Community Unit School District 95

Learn about the people, housing, costs and businesses in Lake Zurich Community Unit School District 95, Illinois

Median Home$387,773
Median Rent$1,510/month
Population72,374
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation9% arts, food & hospitality
Home Value Growth⬆⬆+13.2% over 2 years
Young Adults24% of residents
Homeowners79% of occupied units
NotableHigh Incomes$129k/year · top 4% nationally
NotableHighly Educated28% bachelor's · 17% graduate · top 7% nationally
Lake Zurich Community Unit School District 95
IL

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Frequently Asked Questions

What are today's mortgage rates in Lake Zurich Community Unit School District 95?

As of today, the 30-year fixed mortgage rate for Lake Zurich Community Unit School District 95 is approximately 6.847% (6.852% 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 Lake Zurich Community Unit School District 95
What is the median home price in Lake Zurich Community Unit School District 95?

The median home value in Lake Zurich Community Unit School District 95 is $388k. The median monthly rent is $1,510. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Zurich Community Unit School District 95?

Home values in Lake Zurich Community Unit School District 95 have increased 13.2% 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 Lake Zurich Community Unit School District 95?

Based on a typical all-in ownership cost of $1,839/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Zurich Community Unit School District 95 is $129k/year.

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What industries drive the economy in Lake Zurich Community Unit School District 95?

The largest employment sectors in Lake Zurich Community Unit School District 95 are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.