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Mokena School District 159

Learn about the people, housing, costs and businesses in Mokena School District 159, Illinois

Median Home$355,725
Median Rent$1,202/month
Population20,282
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services17% healthcare
Home Value Growth⬆⬆+13.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners86% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 10% nationally
Mokena School District 159
IL

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mokena School District 159?

As of today, the 30-year fixed mortgage rate for Mokena School District 159 is approximately 6.947% (6.955% 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 Mokena School District 159
What is the median home price in Mokena School District 159?

The median home value in Mokena School District 159 is $356k. The median monthly rent is $1,202. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mokena School District 159?

Home values in Mokena School District 159 have increased 13.8% 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 Mokena School District 159?

Based on a typical all-in ownership cost of $1,573/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mokena School District 159 is $106k/year.

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What industries drive the economy in Mokena School District 159?

The largest employment sectors in Mokena School District 159 are public administration (24%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.