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Putnam County Community Unit School District 535

Learn about the people, housing, costs and businesses in Putnam County Community Unit School District 535, Illinois

Median Home$173,316
Median Rent$844/month
Population5,032
Leading IndustriesTransportation · Information & Media · Manufacturing4% transportation
Home Value Growth⬆⬆+18.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$173k median home · lower cost than 73% of the country
Putnam County Community Unit School District 535
IL

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Frequently Asked Questions

What are today's mortgage rates in Putnam County Community Unit School District 535?

As of today, the 30-year fixed mortgage rate for Putnam County Community Unit School District 535 is approximately 7.082% (7.096% 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 Putnam County Community Unit School District 535
What is the median home price in Putnam County Community Unit School District 535?

The median home value in Putnam County Community Unit School District 535 is $173k. The median monthly rent is $844. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Putnam County Community Unit School District 535?

Home values in Putnam County Community Unit School District 535 have increased 18.0% 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 Putnam County Community Unit School District 535?

Based on a typical all-in ownership cost of $939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Putnam County Community Unit School District 535 is $76k/year.

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What industries drive the economy in Putnam County Community Unit School District 535?

The largest employment sectors in Putnam County Community Unit School District 535 are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.