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Red Bud Community Unit School District 132

Learn about the people, housing, costs and businesses in Red Bud Community Unit School District 132, Illinois

Median Home$162,935
Median Rent$845/month
Population13,440
Leading IndustriesInformation & Media · Finance & Insurance · Public Administration9% information & media
Home Value Growth⬆⬆+16.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableAffordable Market$163k median home · lower cost than 78% of the country
NotableVeteran Community8% of residents · top 27% nationally
Red Bud Community Unit School District 132
IL

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Frequently Asked Questions

What are today's mortgage rates in Red Bud Community Unit School District 132?

As of today, the 30-year fixed mortgage rate for Red Bud Community Unit School District 132 is approximately 6.996% (7.008% 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 Red Bud Community Unit School District 132?

The median home value in Red Bud Community Unit School District 132 is $163k. The median monthly rent is $845. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Red Bud Community Unit School District 132?

Home values in Red Bud Community Unit School District 132 have increased 16.7% 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 Red Bud Community Unit School District 132?

Based on a typical all-in ownership cost of $888/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Bud Community Unit School District 132 is $66k/year.

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What industries drive the economy in Red Bud Community Unit School District 132?

The largest employment sectors in Red Bud Community Unit School District 132 are public administration (27%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.