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Marengo Community High School District 154

Learn about the people, housing, costs and businesses in Marengo Community High School District 154, Illinois

Median Home$293,096
Median Rent$1,211/month
Population13,738
Leading IndustriesArts, Food & Hospitality · Healthcare · Education17% arts, food & hospitality
Home Value Growth⬆⬆+17.4% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners77% of occupied units
NotableHighly Educated29% bachelor's · 20% graduate · top 6% nationally
Marengo Community High School District 154
IL

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Frequently Asked Questions

What are today's mortgage rates in Marengo Community High School District 154?

As of today, the 30-year fixed mortgage rate for Marengo Community High School District 154 is approximately 6.918% (6.925% 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 Marengo Community High School District 154
What is the median home price in Marengo Community High School District 154?

The median home value in Marengo Community High School District 154 is $293k. The median monthly rent is $1,211. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marengo Community High School District 154?

Home values in Marengo Community High School District 154 have increased 17.4% 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 Marengo Community High School District 154?

Based on a typical all-in ownership cost of $1,409/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marengo Community High School District 154 is $100k/year.

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What industries drive the economy in Marengo Community High School District 154?

The largest employment sectors in Marengo Community High School District 154 are public administration (25%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.