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Martinsville Community Unit School District 3C

Learn about the people, housing, costs and businesses in Martinsville Community Unit School District 3C, Illinois

Median Home$155,434
Median Rent$969/month
Population40,469
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare3% professional services
Home Value Growth⬆⬆+18.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners63% of occupied units
Martinsville Community Unit School District 3C
IL

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Frequently Asked Questions

What are today's mortgage rates in Martinsville Community Unit School District 3C?

As of today, the 30-year fixed mortgage rate for Martinsville Community Unit School District 3C is approximately 6.995% (7.007% 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 Martinsville Community Unit School District 3C
What is the median home price in Martinsville Community Unit School District 3C?

The median home value in Martinsville Community Unit School District 3C is $155k. The median monthly rent is $969. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Martinsville Community Unit School District 3C?

Home values in Martinsville Community Unit School District 3C have increased 18.2% 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 Martinsville Community Unit School District 3C?

Based on a typical all-in ownership cost of $950/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Martinsville Community Unit School District 3C is $67k/year.

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What industries drive the economy in Martinsville Community Unit School District 3C?

The largest employment sectors in Martinsville Community Unit School District 3C are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.