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Reavis Township High School District 220

Learn about the people, housing, costs and businesses in Reavis Township High School District 220, Illinois

Median Home$276,456
Median Rent$1,289/month
Population32,867
Leading IndustriesFinance & Insurance · Information & Media · Transportation8% finance & insurance
Home Value Growth⬆⬆+11.6% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners80% of occupied units
Reavis Township High School District 220
IL

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Frequently Asked Questions

What are today's mortgage rates in Reavis Township High School District 220?

As of today, the 30-year fixed mortgage rate for Reavis Township High School District 220 is approximately 6.989% (6.998% 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 Reavis Township High School District 220
What is the median home price in Reavis Township High School District 220?

The median home value in Reavis Township High School District 220 is $276k. The median monthly rent is $1,289. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reavis Township High School District 220?

Home values in Reavis Township High School District 220 have increased 11.6% 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 Reavis Township High School District 220?

Based on a typical all-in ownership cost of $1,382/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reavis Township High School District 220 is $82k/year.

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What industries drive the economy in Reavis Township High School District 220?

The largest employment sectors in Reavis Township High School District 220 are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.