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Metamora Township High School District 122

Learn about the people, housing, costs and businesses in Metamora Township High School District 122, Illinois

Median Home$213,042
Median Rent$1,064/month
Population16,354
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth⬆⬆+16.5% over 2 years
Young Adults29% of residentsslightly above average
Homeowners92% of occupied units
NotableHighly Educated30% bachelor's · 18% graduate · top 5% nationally
NotableHigh Incomes$105k/year · top 29% nationally
Metamora Township High School District 122
IL

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Frequently Asked Questions

What are today's mortgage rates in Metamora Township High School District 122?

As of today, the 30-year fixed mortgage rate for Metamora Township High School District 122 is approximately 7.059% (7.069% 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 Metamora Township High School District 122
What is the median home price in Metamora Township High School District 122?

The median home value in Metamora Township High School District 122 is $213k. The median monthly rent is $1,064. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Metamora Township High School District 122?

Home values in Metamora Township High School District 122 have increased 16.5% 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 Metamora Township High School District 122?

Based on a typical all-in ownership cost of $1,196/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Metamora Township High School District 122 is $105k/year.

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What industries drive the economy in Metamora Township High School District 122?

The largest employment sectors in Metamora Township High School District 122 are public administration (25%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.