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Marseilles Elementary School District 150

Learn about the people, housing, costs and businesses in Marseilles Elementary School District 150, Illinois

Median Home$201,371
Median Rent$965/month
Population4,081
Leading IndustriesInformation & Media · Manufacturing · Finance & Insurance11% information & media
Home Value Growth⬆⬆+16.8% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners79% of occupied units
NotableAffordable Market$201k median home · lower cost than 83% of the country
Marseilles Elementary School District 150
IL

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Frequently Asked Questions

What are today's mortgage rates in Marseilles Elementary School District 150?

As of today, the 30-year fixed mortgage rate for Marseilles Elementary School District 150 is approximately 7.109% (7.124% 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 Marseilles Elementary School District 150?

The median home value in Marseilles Elementary School District 150 is $201k. The median monthly rent is $965. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marseilles Elementary School District 150?

Home values in Marseilles Elementary School District 150 have increased 16.8% 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 Marseilles Elementary School District 150?

Based on a typical all-in ownership cost of $1,120/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marseilles Elementary School District 150 is $72k/year.

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What industries drive the economy in Marseilles Elementary School District 150?

The largest employment sectors in Marseilles Elementary School District 150 are public administration (25%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.