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Mount Vernon School District 80

Learn about the people, housing, costs and businesses in Mount Vernon School District 80, Illinois

Median Home$105,953
Median Rent$900/month
Population12,770
Leading IndustriesRetail · Finance & Insurance · Information & Media16% retail
Home Value Growth⬆⬆⬆+21.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners57% of occupied units
NotableVeteran Community9% of residents · top 9% nationally
NotableAffordable Market$106k median home · lower cost than 99% of the country
Mount Vernon School District 80
IL

Explore Mount Vernon School District 80

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

Frequently Asked Questions

What are today's mortgage rates in Mount Vernon School District 80?

As of today, the 30-year fixed mortgage rate for Mount Vernon School District 80 is approximately 7.351% (7.368% 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 Mount Vernon School District 80?

The median home value in Mount Vernon School District 80 is $106k. The median monthly rent is $900. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Vernon School District 80?

Home values in Mount Vernon School District 80 have increased 21.1% 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 Mount Vernon School District 80?

Based on a typical all-in ownership cost of $874/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Vernon School District 80 is $55k/year.

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What industries drive the economy in Mount Vernon School District 80?

The largest employment sectors in Mount Vernon School District 80 are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.