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Lincoln Community High School District 404

Learn about the people, housing, costs and businesses in Lincoln Community High School District 404, Illinois

Median Home$136,402
Median Rent$843/month
Population20,167
Leading IndustriesManufacturing · Construction · Agriculture & Mining1% manufacturing
Home Value Growth⬆⬆+14.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners64% of occupied units
NotableAffordable Market$136k median home · lower cost than 94% of the country
Lincoln Community High School District 404
IL

Explore Lincoln Community High School District 404

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

Frequently Asked Questions

What are today's mortgage rates in Lincoln Community High School District 404?

As of today, the 30-year fixed mortgage rate for Lincoln Community High School District 404 is approximately 7.342% (7.359% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lincoln Community High School District 404?

The median home value in Lincoln Community High School District 404 is $136k. The median monthly rent is $843. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lincoln Community High School District 404?

Home values in Lincoln Community High School District 404 have increased 14.0% 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 Lincoln Community High School District 404?

Based on a typical all-in ownership cost of $898/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lincoln Community High School District 404 is $69k/year.

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What industries drive the economy in Lincoln Community High School District 404?

The largest employment sectors in Lincoln Community High School District 404 are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.