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Ottawa Elementary School District 141

Learn about the people, housing, costs and businesses in Ottawa Elementary School District 141, Illinois

Median Home$152,272
Median Rent$904/month
Population18,955
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Home Value Growth⬆⬆+16.8% over 2 years
Young Adults36% of residentstop 3% nationally
Homeowners72% of occupied units
NotableHighly Educated31% bachelor's · 14% graduate · top 2% nationally
NotableAffordable Market$152k median home · lower cost than 92% of the country
Ottawa Elementary School District 141
IL

Explore Ottawa Elementary School District 141

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

Frequently Asked Questions

What are today's mortgage rates in Ottawa Elementary School District 141?

As of today, the 30-year fixed mortgage rate for Ottawa Elementary School District 141 is approximately 6.995% (7.007% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ottawa Elementary School District 141?

The median home value in Ottawa Elementary School District 141 is $152k. The median monthly rent is $904. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ottawa Elementary School District 141?

Home values in Ottawa Elementary School District 141 have increased 16.8% 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 Ottawa Elementary School District 141?

Based on a typical all-in ownership cost of $1,026/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ottawa Elementary School District 141 is $72k/year.

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What industries drive the economy in Ottawa Elementary School District 141?

The largest employment sectors in Ottawa Elementary School District 141 are public administration (23%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.