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Midlothian School District 143

Learn about the people, housing, costs and businesses in Midlothian School District 143, Illinois

Median Home$213,574
Median Rent$1,333/month
Population13,686
Leading IndustriesPublic Administration · Finance & Insurance · Manufacturing26% public administration
Home Value Growth⬆⬆+17.8% over 2 years
Retirees23% of residentsabove average nationally
Homeowners74% of occupied units
Midlothian School District 143
IL

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Frequently Asked Questions

What are today's mortgage rates in Midlothian School District 143?

As of today, the 30-year fixed mortgage rate for Midlothian School District 143 is approximately 6.996% (7.008% 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 Midlothian School District 143
What is the median home price in Midlothian School District 143?

The median home value in Midlothian School District 143 is $214k. The median monthly rent is $1,333. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Midlothian School District 143?

Home values in Midlothian School District 143 have increased 17.8% 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 Midlothian School District 143?

Based on a typical all-in ownership cost of $1,306/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Midlothian School District 143 is $61k/year.

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What industries drive the economy in Midlothian School District 143?

The largest employment sectors in Midlothian School District 143 are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.