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Litchfield Community Unit School District 12

Learn about the people, housing, costs and businesses in Litchfield Community Unit School District 12, Illinois

Median Home$947,435
Median Rent$1,804/month
Population77,280
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare4% education
Home Value Growth⬆⬆+14.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners79% of occupied units
NotableHigh Incomes$153k/year · top 1% nationally
NotableHighly Educated32% bachelor's · 16% graduate · top 3% nationally
Litchfield Community Unit School District 12
IL

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Frequently Asked Questions

What are today's mortgage rates in Litchfield Community Unit School District 12?

As of today, the 30-year fixed mortgage rate for Litchfield Community Unit School District 12 is approximately 6.881% (6.887% 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 Litchfield Community Unit School District 12
What is the median home price in Litchfield Community Unit School District 12?

The median home value in Litchfield Community Unit School District 12 is $947k. The median monthly rent is $1,804. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Litchfield Community Unit School District 12?

Home values in Litchfield Community Unit School District 12 have increased 14.8% 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 Litchfield Community Unit School District 12?

Based on a typical all-in ownership cost of $2,430/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $104k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Litchfield Community Unit School District 12 is $153k/year.

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What industries drive the economy in Litchfield Community Unit School District 12?

The largest employment sectors in Litchfield Community Unit School District 12 are public administration (24%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.