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Mendota Community Consolidated School District 289

Learn about the people, housing, costs and businesses in Mendota Community Consolidated School District 289, Illinois

Median Home$147,703
Median Rent$839/month
Population10,153
Leading IndustriesManufacturing · Retail · Agriculture & Mining3% manufacturing
Home Value Growth+8.2% over 2 years
Family-Friendly26% of residentswell above average
Homeowners68% of occupied units
NotableAffordable Market$148k median home · lower cost than 93% of the country
NotableVeteran Community8% of residents · top 18% nationally
Mendota Community Consolidated School District 289
IL

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Frequently Asked Questions

What are today's mortgage rates in Mendota Community Consolidated School District 289?

As of today, the 30-year fixed mortgage rate for Mendota Community Consolidated School District 289 is approximately 7.060% (7.074% 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 Mendota Community Consolidated School District 289
What is the median home price in Mendota Community Consolidated School District 289?

The median home value in Mendota Community Consolidated School District 289 is $148k. The median monthly rent is $839. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mendota Community Consolidated School District 289?

Home values in Mendota Community Consolidated School District 289 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 Mendota Community Consolidated School District 289?

Based on a typical all-in ownership cost of $878/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mendota Community Consolidated School District 289 is $59k/year.

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What industries drive the economy in Mendota Community Consolidated School District 289?

The largest employment sectors in Mendota Community Consolidated School District 289 are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.