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Monticello Community Unit School District 25

Learn about the people, housing, costs and businesses in Monticello Community Unit School District 25, Illinois

Median Home$194,127
Median Rent$1,184/month
Population32,740
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media1% manufacturing
Home Value Growth⬆⬆⬆+22.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners79% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
Monticello Community Unit School District 25
IL

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Frequently Asked Questions

What are today's mortgage rates in Monticello Community Unit School District 25?

As of today, the 30-year fixed mortgage rate for Monticello Community Unit School District 25 is approximately 7.005% (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.

View current rates for Monticello Community Unit School District 25
What is the median home price in Monticello Community Unit School District 25?

The median home value in Monticello Community Unit School District 25 is $194k. The median monthly rent is $1,184. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monticello Community Unit School District 25?

Home values in Monticello Community Unit School District 25 have increased 22.7% 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 Monticello Community Unit School District 25?

Based on a typical all-in ownership cost of $1,116/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monticello Community Unit School District 25 is $82k/year.

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What industries drive the economy in Monticello Community Unit School District 25?

The largest employment sectors in Monticello Community Unit School District 25 are public administration (25%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.