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Mendota Township High School District 280

Learn about the people, housing, costs and businesses in Mendota Township High School District 280, Illinois

Median Home$147,834
Median Rent$840/month
Population10,181
Leading IndustriesRetail · Construction · Finance & Insurance17% retail
Home Value Growth+8.2% over 2 years
Retirees23% of residentsabove average nationally
Homeowners68% of occupied units
NotableVeteran Community9% of residents · top 10% nationally
NotableAffordable Market$148k median home · lower cost than 91% of the country
Mendota Township High School District 280
IL

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Frequently Asked Questions

What are today's mortgage rates in Mendota Township High School District 280?

As of today, the 30-year fixed mortgage rate for Mendota Township High School District 280 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 Township High School District 280
What is the median home price in Mendota Township High School District 280?

The median home value in Mendota Township High School District 280 is $148k. The median monthly rent is $840. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mendota Township High School District 280?

Home values in Mendota Township High School District 280 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 Township High School District 280?

Based on a typical all-in ownership cost of $879/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 Township High School District 280 is $59k/year.

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What industries drive the economy in Mendota Township High School District 280?

The largest employment sectors in Mendota Township High School District 280 are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.