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Orion Community Unit School District 223

Learn about the people, housing, costs and businesses in Orion Community Unit School District 223, Illinois

Median Home$212,134
Median Rent$867/month
Population5,976
Leading IndustriesProfessional Services · Retail · Manufacturing3% professional services
Home Value Growth+8.2% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$102k/year · top 13% nationally
Orion Community Unit School District 223
IL

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Frequently Asked Questions

What are today's mortgage rates in Orion Community Unit School District 223?

As of today, the 30-year fixed mortgage rate for Orion Community Unit School District 223 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 Orion Community Unit School District 223
What is the median home price in Orion Community Unit School District 223?

The median home value in Orion Community Unit School District 223 is $212k. The median monthly rent is $867. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Orion Community Unit School District 223?

Home values in Orion Community Unit School District 223 have increased 8.2% over the past two years. This represents moderate growth. 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 Orion Community Unit School District 223?

Based on a typical all-in ownership cost of $1,193/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orion Community Unit School District 223 is $102k/year.

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What industries drive the economy in Orion Community Unit School District 223?

The largest employment sectors in Orion Community Unit School District 223 are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.