Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Olympia Community Unit School District 16

Learn about the people, housing, costs and businesses in Olympia Community Unit School District 16, Illinois

Median Home$190,789
Median Rent$1,012/month
Population11,184
Leading IndustriesTransportation · Construction · Agriculture & Mining4% transportation
Home Value Growth⬆⬆+11.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners86% of occupied units
NotableHigh Incomes$97k/year · top 17% nationally
NotableHighly Educated23% hold a bachelor's degree · top 20% nationally
Olympia Community Unit School District 16
IL

Explore Olympia Community Unit School District 16

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

Frequently Asked Questions

What are today's mortgage rates in Olympia Community Unit School District 16?

As of today, the 30-year fixed mortgage rate for Olympia Community Unit School District 16 is approximately 6.998% (7.010% 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 Olympia Community Unit School District 16
What is the median home price in Olympia Community Unit School District 16?

The median home value in Olympia Community Unit School District 16 is $191k. The median monthly rent is $1,012. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Olympia Community Unit School District 16?

Home values in Olympia Community Unit School District 16 have increased 11.4% 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 Olympia Community Unit School District 16?

Based on a typical all-in ownership cost of $1,175/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Olympia Community Unit School District 16 is $97k/year.

Calculate your buying power
What industries drive the economy in Olympia Community Unit School District 16?

The largest employment sectors in Olympia Community Unit School District 16 are public administration (24%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.