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Meredosia-Chambersburg Community Unit School District 11

Learn about the people, housing, costs and businesses in Meredosia-Chambersburg Community Unit School District 11, Illinois

Median Home$157,693
Median Rent$984/month
Population58,171
Leading IndustriesManufacturing · Education · Healthcare1% manufacturing
Home Value Growth⬆⬆+11.0% over 2 years
Young Adults33% of residentswell above average
Homeowners67% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Meredosia-Chambersburg Community Unit School District 11
IL

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Frequently Asked Questions

What are today's mortgage rates in Meredosia-Chambersburg Community Unit School District 11?

As of today, the 30-year fixed mortgage rate for Meredosia-Chambersburg Community Unit School District 11 is approximately 7.002% (7.014% 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 Meredosia-Chambersburg Community Unit School District 11?

The median home value in Meredosia-Chambersburg Community Unit School District 11 is $158k. The median monthly rent is $984. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meredosia-Chambersburg Community Unit School District 11?

Home values in Meredosia-Chambersburg Community Unit School District 11 have increased 11.0% 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 Meredosia-Chambersburg Community Unit School District 11?

Based on a typical all-in ownership cost of $952/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 Meredosia-Chambersburg Community Unit School District 11 is $66k/year.

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What industries drive the economy in Meredosia-Chambersburg Community Unit School District 11?

The largest employment sectors in Meredosia-Chambersburg Community Unit School District 11 are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.