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Rutland Community Consolidated School District 230

Learn about the people, housing, costs and businesses in Rutland Community Consolidated School District 230, Illinois

Median Home$234,056
Median Rent$994/month
Population857
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services21% healthcare
Home Value Growth⬆⬆+15.6% over 2 years
Young Adults33% of residentswell above average
Homeowners80% of occupied units
NotableHighly Educated36% bachelor's · 18% graduate · top 1% nationally
NotableAffordable Market$234k median home · lower cost than 77% of the country
Rutland Community Consolidated School District 230
IL

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Frequently Asked Questions

What are today's mortgage rates in Rutland Community Consolidated School District 230?

As of today, the 30-year fixed mortgage rate for Rutland Community Consolidated School District 230 is approximately 6.994% (7.003% 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 Rutland Community Consolidated School District 230
What is the median home price in Rutland Community Consolidated School District 230?

The median home value in Rutland Community Consolidated School District 230 is $234k. The median monthly rent is $994. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rutland Community Consolidated School District 230?

Home values in Rutland Community Consolidated School District 230 have increased 15.6% 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 Rutland Community Consolidated School District 230?

Based on a typical all-in ownership cost of $1,230/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rutland Community Consolidated School District 230 is $88k/year.

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What industries drive the economy in Rutland Community Consolidated School District 230?

The largest employment sectors in Rutland Community Consolidated School District 230 are healthcare (21%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.