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Mahomet-Seymour Community Unit School District 3

Learn about the people, housing, costs and businesses in Mahomet-Seymour Community Unit School District 3, Illinois

Median Home$368,556
Median Rent$1,659/month
Population188,174
Leading IndustriesFinance & Insurance · Information & Media · Healthcare11% finance & insurance
Home Value Growth+8.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners52% of occupied units
NotableHighly Educated26% bachelor's · 11% graduate · top 12% nationally
NotableHigh Incomes$90k/year · top 24% nationally
Mahomet-Seymour Community Unit School District 3
IL

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Frequently Asked Questions

What are today's mortgage rates in Mahomet-Seymour Community Unit School District 3?

As of today, the 30-year fixed mortgage rate for Mahomet-Seymour Community Unit School District 3 is approximately 6.901% (6.907% 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 Mahomet-Seymour Community Unit School District 3?

The median home value in Mahomet-Seymour Community Unit School District 3 is $369k. The median monthly rent is $1,659. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mahomet-Seymour Community Unit School District 3?

Home values in Mahomet-Seymour Community Unit School District 3 have increased 8.2% over the past two years. This represents moderate growth. 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 Mahomet-Seymour Community Unit School District 3?

Based on a typical all-in ownership cost of $1,567/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mahomet-Seymour Community Unit School District 3 is $90k/year.

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What industries drive the economy in Mahomet-Seymour Community Unit School District 3?

The largest employment sectors in Mahomet-Seymour Community Unit School District 3 are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.