Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Newark Community Consolidated School District 66

Learn about the people, housing, costs and businesses in Newark Community Consolidated School District 66, Illinois

Median Home$363,212
Median Rent$2,013/month
Population2,757
Leading IndustriesProfessional Services · Healthcare · Agriculture & Mining3% professional services
Home Value Growth⬆⬆+15.7% over 2 years
Retirees28% of residentstop 3% nationally
Homeowners93% of occupied units
NotableHigh Incomes$121k/year · top 19% nationally
Newark Community Consolidated School District 66
IL

Explore Newark Community Consolidated School District 66

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

Frequently Asked Questions

What are today's mortgage rates in Newark Community Consolidated School District 66?

As of today, the 30-year fixed mortgage rate for Newark Community Consolidated School District 66 is approximately 6.890% (6.896% 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 Newark Community Consolidated School District 66
What is the median home price in Newark Community Consolidated School District 66?

The median home value in Newark Community Consolidated School District 66 is $363k. The median monthly rent is $2,013. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newark Community Consolidated School District 66?

Home values in Newark Community Consolidated School District 66 have increased 15.7% 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 Newark Community Consolidated School District 66?

Based on a typical all-in ownership cost of $2,248/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 Newark Community Consolidated School District 66 is $121k/year.

Calculate your buying power
What industries drive the economy in Newark Community Consolidated School District 66?

The largest employment sectors in Newark Community Consolidated School District 66 are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.