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Laraway Community Consolidated School District 70C

Learn about the people, housing, costs and businesses in Laraway Community Consolidated School District 70C, Illinois

Median Home$175,754
Median Rent$1,257/month
Population2,858
Leading IndustriesInformation & Media · Transportation · Public Administration9% information & media
Home Value Growth⬆⬆⬆+35.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners67% of occupied units
Laraway Community Consolidated School District 70C
IL

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Frequently Asked Questions

What are today's mortgage rates in Laraway Community Consolidated School District 70C?

As of today, the 30-year fixed mortgage rate for Laraway Community Consolidated School District 70C is approximately 7.071% (7.082% 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 Laraway Community Consolidated School District 70C
What is the median home price in Laraway Community Consolidated School District 70C?

The median home value in Laraway Community Consolidated School District 70C is $176k. The median monthly rent is $1,257. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laraway Community Consolidated School District 70C?

Home values in Laraway Community Consolidated School District 70C have increased 35.2% 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 Laraway Community Consolidated School District 70C?

Based on a typical all-in ownership cost of $1,198/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laraway Community Consolidated School District 70C is $67k/year.

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What industries drive the economy in Laraway Community Consolidated School District 70C?

The largest employment sectors in Laraway Community Consolidated School District 70C are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.