Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Scales Mound Community Unit School District 211

Learn about the people, housing, costs and businesses in Scales Mound Community Unit School District 211, Illinois

Median Home$305,450
Median Rent$956/month
Population1,961
Leading IndustriesEducation · Information & Media · Retail5% education
Home Value Growth+9.9% over 2 years
Retirees39% of residentstop 1% nationally
Homeowners93% of occupied units
NotableVeteran Community11% of residents · top 5% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Scales Mound Community Unit School District 211
IL

Explore Scales Mound Community Unit School District 211

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Scales Mound Community Unit School District 211?

As of today, the 30-year fixed mortgage rate for Scales Mound Community Unit School District 211 is approximately 6.944% (6.952% 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 Scales Mound Community Unit School District 211
What is the median home price in Scales Mound Community Unit School District 211?

The median home value in Scales Mound Community Unit School District 211 is $305k. The median monthly rent is $956. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Scales Mound Community Unit School District 211?

Home values in Scales Mound Community Unit School District 211 have increased 9.9% over the past two years. This represents moderate growth. 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 Scales Mound Community Unit School District 211?

Based on a typical all-in ownership cost of $1,157/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Scales Mound Community Unit School District 211 is $88k/year.

Calculate your buying power
What industries drive the economy in Scales Mound Community Unit School District 211?

The largest employment sectors in Scales Mound Community Unit School District 211 are public administration (16%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.