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Morris Community High School District 101

Learn about the people, housing, costs and businesses in Morris Community High School District 101, Illinois

Median Home$263,793
Median Rent$1,160/month
Population19,602
Leading IndustriesTransportation · Construction · Professional Services3% transportation
Home Value Growth⬆⬆+16.7% over 2 years
Retirees20% of residentsnear the national average
Homeowners64% of occupied units
Morris Community High School District 101
IL

Explore Morris Community High School District 101

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

Frequently Asked Questions

What are today's mortgage rates in Morris Community High School District 101?

As of today, the 30-year fixed mortgage rate for Morris Community High School District 101 is approximately 6.994% (7.003% 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 Morris Community High School District 101
What is the median home price in Morris Community High School District 101?

The median home value in Morris Community High School District 101 is $264k. The median monthly rent is $1,160. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morris Community High School District 101?

Home values in Morris Community High School District 101 have increased 16.7% 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 Morris Community High School District 101?

Based on a typical all-in ownership cost of $1,359/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morris Community High School District 101 is $89k/year.

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What industries drive the economy in Morris Community High School District 101?

The largest employment sectors in Morris Community High School District 101 are public administration (21%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.