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Naperville Community Unit District 203

Learn about the people, housing, costs and businesses in Naperville Community Unit District 203, Illinois

Median Home$532,451
Median Rent$2,138/month
Population96,004
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation20% healthcare
Home Value Growth⬆⬆+19.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners75% of occupied units
NotableHighly Educated38% bachelor's · 25% graduate · top 1% nationally
NotableHigh Incomes$158k/year · top 1% nationally
Naperville Community Unit District 203
IL

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Frequently Asked Questions

What are today's mortgage rates in Naperville Community Unit District 203?

As of today, the 30-year fixed mortgage rate for Naperville Community Unit District 203 is approximately 6.855% (6.860% 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 Naperville Community Unit District 203
What is the median home price in Naperville Community Unit District 203?

The median home value in Naperville Community Unit District 203 is $532k. The median monthly rent is $2,138. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Naperville Community Unit District 203?

Home values in Naperville Community Unit District 203 have increased 19.1% 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 Naperville Community Unit District 203?

Based on a typical all-in ownership cost of $2,241/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $96k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Naperville Community Unit District 203 is $158k/year.

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What industries drive the economy in Naperville Community Unit District 203?

The largest employment sectors in Naperville Community Unit District 203 are public administration (26%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.