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Saunemin Community Consolidated School District 438

Learn about the people, housing, costs and businesses in Saunemin Community Consolidated School District 438, Illinois

Median Home$142,398
Median Rent$790/month
Population932
Leading IndustriesConstruction · Agriculture & Mining · Transportation9% construction
Home Value Growth⬆⬆+11.0% over 2 years
Retirees20% of residentsnear the national average
Homeowners85% of occupied units
NotableAffordable Market$142k median home · lower cost than 94% of the country
Saunemin Community Consolidated School District 438
IL

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Frequently Asked Questions

What are today's mortgage rates in Saunemin Community Consolidated School District 438?

As of today, the 30-year fixed mortgage rate for Saunemin Community Consolidated School District 438 is approximately 6.957% (6.968% 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 Saunemin Community Consolidated School District 438
What is the median home price in Saunemin Community Consolidated School District 438?

The median home value in Saunemin Community Consolidated School District 438 is $142k. The median monthly rent is $790. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Saunemin Community Consolidated School District 438?

Home values in Saunemin Community Consolidated School District 438 have increased 11.0% 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 Saunemin Community Consolidated School District 438?

Based on a typical all-in ownership cost of $903/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Saunemin Community Consolidated School District 438 is $84k/year.

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What industries drive the economy in Saunemin Community Consolidated School District 438?

The largest employment sectors in Saunemin Community Consolidated School District 438 are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.