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Mulberry Grove Community Unit School District 1

Learn about the people, housing, costs and businesses in Mulberry Grove Community Unit School District 1, Illinois

Median Home$521,958
Median Rent$1,454/month
Population36,069
Leading IndustriesPublic Administration · Manufacturing · Professional Services29% public administration
Home Value Growth+9.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners81% of occupied units
NotableHigh Incomes$127k/year · top 4% nationally
NotableHighly Educated23% bachelor's · 11% graduate · top 20% nationally
Mulberry Grove Community Unit School District 1
IL

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Frequently Asked Questions

What are today's mortgage rates in Mulberry Grove Community Unit School District 1?

As of today, the 30-year fixed mortgage rate for Mulberry Grove Community Unit School District 1 is approximately 6.842% (6.847% 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 Mulberry Grove Community Unit School District 1
What is the median home price in Mulberry Grove Community Unit School District 1?

The median home value in Mulberry Grove Community Unit School District 1 is $522k. The median monthly rent is $1,454. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mulberry Grove Community Unit School District 1?

Home values in Mulberry Grove Community Unit School District 1 have increased 9.9% over the past two years. This represents moderate growth. 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 Mulberry Grove Community Unit School District 1?

Based on a typical all-in ownership cost of $2,306/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $99k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mulberry Grove Community Unit School District 1 is $127k/year.

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What industries drive the economy in Mulberry Grove Community Unit School District 1?

The largest employment sectors in Mulberry Grove Community Unit School District 1 are public administration (29%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.