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Posen-Robbins Elementary School District 143-5

Learn about the people, housing, costs and businesses in Posen-Robbins Elementary School District 143-5, Illinois

Median Home$158,094
Median Rent$1,368/month
Population11,578
Leading IndustriesFinance & Insurance · Information & Media · Transportation11% finance & insurance
Home Value Growth⬆⬆⬆+35.9% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners66% of occupied units
Posen-Robbins Elementary School District 143-5
IL

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Frequently Asked Questions

What are today's mortgage rates in Posen-Robbins Elementary School District 143-5?

As of today, the 30-year fixed mortgage rate for Posen-Robbins Elementary School District 143-5 is approximately 7.032% (7.045% 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 Posen-Robbins Elementary School District 143-5?

The median home value in Posen-Robbins Elementary School District 143-5 is $158k. The median monthly rent is $1,368. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Posen-Robbins Elementary School District 143-5?

Home values in Posen-Robbins Elementary School District 143-5 have increased 35.9% 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 Posen-Robbins Elementary School District 143-5?

Based on a typical all-in ownership cost of $1,291/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Posen-Robbins Elementary School District 143-5 is $64k/year.

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What industries drive the economy in Posen-Robbins Elementary School District 143-5?

The largest employment sectors in Posen-Robbins Elementary School District 143-5 are public administration (19%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.