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Newark Community High School District 18

Learn about the people, housing, costs and businesses in Newark Community High School District 18, Illinois

Median Home$353,021
Median Rent$1,963/month
Population3,733
Leading IndustriesPublic Administration · Information & Media · Retail26% public administration
Home Value Growth⬆⬆+15.8% over 2 years
Family-Friendly25% of residentswell above average
Homeowners91% of occupied units
NotableHigh Incomes$120k/year · top 18% nationally
Newark Community High School District 18
IL

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Frequently Asked Questions

What are today's mortgage rates in Newark Community High School District 18?

As of today, the 30-year fixed mortgage rate for Newark Community High School District 18 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 High School District 18
What is the median home price in Newark Community High School District 18?

The median home value in Newark Community High School District 18 is $353k. The median monthly rent is $1,963. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newark Community High School District 18?

Home values in Newark Community High School District 18 have increased 15.8% 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 High School District 18?

Based on a typical all-in ownership cost of $2,152/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $92k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newark Community High School District 18 is $120k/year.

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What industries drive the economy in Newark Community High School District 18?

The largest employment sectors in Newark Community High School District 18 are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.