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Mundelein Consolidated High School District 120

Learn about the people, housing, costs and businesses in Mundelein Consolidated High School District 120, Illinois

Median Home$318,915
Median Rent$1,834/month
Population43,673
Leading IndustriesManufacturing · Transportation · Retail1% manufacturing
Home Value Growth⬆⬆⬆+22.4% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners81% of occupied units
NotableHigh Incomes$115k/year · top 22% nationally
Mundelein Consolidated High School District 120
IL

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Frequently Asked Questions

What are today's mortgage rates in Mundelein Consolidated High School District 120?

As of today, the 30-year fixed mortgage rate for Mundelein Consolidated High School District 120 is approximately 6.910% (6.917% 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 Mundelein Consolidated High School District 120?

The median home value in Mundelein Consolidated High School District 120 is $319k. The median monthly rent is $1,834. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mundelein Consolidated High School District 120?

Home values in Mundelein Consolidated High School District 120 have increased 22.4% 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 Mundelein Consolidated High School District 120?

Based on a typical all-in ownership cost of $1,825/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mundelein Consolidated High School District 120 is $115k/year.

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What industries drive the economy in Mundelein Consolidated High School District 120?

The largest employment sectors in Mundelein Consolidated High School District 120 are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.