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Mount Vernon Township High School District 201

Learn about the people, housing, costs and businesses in Mount Vernon Township High School District 201, Illinois

Median Home$113,554
Median Rent$885/month
Population27,779
Leading IndustriesRetail · Transportation · Finance & Insurance17% retail
Home Value Growth⬆⬆+20.4% over 2 years
Retirees21% of residentsslightly above average
Homeowners68% of occupied units
NotableVeteran Community9% of residents · top 10% nationally
NotableAffordable Market$114k median home · lower cost than 97% of the country
Mount Vernon Township High School District 201
IL

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Frequently Asked Questions

What are today's mortgage rates in Mount Vernon Township High School District 201?

As of today, the 30-year fixed mortgage rate for Mount Vernon Township High School District 201 is approximately 7.112% (7.127% 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 Township High School District 201?

The median home value in Mount Vernon Township High School District 201 is $114k. The median monthly rent is $885. 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 Township High School District 201?

Home values in Mount Vernon Township High School District 201 have increased 20.4% 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 Township High School District 201?

Based on a typical all-in ownership cost of $869/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 Township High School District 201 is $59k/year.

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What industries drive the economy in Mount Vernon Township High School District 201?

The largest employment sectors in Mount Vernon Township High School District 201 are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.