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Montmorency Community Consolidated School District 145

Learn about the people, housing, costs and businesses in Montmorency Community Consolidated School District 145, Illinois

Median Home$162,990
Median Rent$1,109/month
Population2,628
Leading IndustriesRetail · Public Administration · Manufacturing23% retail
Home Value Growth-6.6% over 2 years
Family-Friendly22% of residentsnear the national average
Homeowners92% of occupied units
NotableAffordable Market$163k median home · lower cost than 90% of the country
Montmorency Community Consolidated School District 145
IL

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Frequently Asked Questions

What are today's mortgage rates in Montmorency Community Consolidated School District 145?

As of today, the 30-year fixed mortgage rate for Montmorency Community Consolidated School District 145 is approximately 7.367% (7.385% 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 Montmorency Community Consolidated School District 145?

The median home value in Montmorency Community Consolidated School District 145 is $163k. The median monthly rent is $1,109. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montmorency Community Consolidated School District 145?

Home values in Montmorency Community Consolidated School District 145 have decreased 6.6% over the past two years. Buyers may find more negotiating room in this market. 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 Montmorency Community Consolidated School District 145?

Based on a typical all-in ownership cost of $1,030/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montmorency Community Consolidated School District 145 is $98k/year.

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What industries drive the economy in Montmorency Community Consolidated School District 145?

The largest employment sectors in Montmorency Community Consolidated School District 145 are public administration (27%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.