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Schuyler-Industry Community Unit School District 5

Learn about the people, housing, costs and businesses in Schuyler-Industry Community Unit School District 5, Illinois

Median Home$118,152
Median Rent$791/month
Population7,068
Leading IndustriesTransportation · Construction · Agriculture & Mining10% transportation
Home Value Growth⬆⬆+14.4% over 2 years
Retirees26% of residentswell above average
Homeowners80% of occupied units
NotableVeteran Community11% of residents · top 5% nationally
NotableAffordable Market$118k median home · lower cost than 93% of the country
Schuyler-Industry Community Unit School District 5
IL

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Frequently Asked Questions

What are today's mortgage rates in Schuyler-Industry Community Unit School District 5?

As of today, the 30-year fixed mortgage rate for Schuyler-Industry Community Unit School District 5 is approximately 7.344% (7.361% 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 Schuyler-Industry Community Unit School District 5?

The median home value in Schuyler-Industry Community Unit School District 5 is $118k. The median monthly rent is $791. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Schuyler-Industry Community Unit School District 5?

Home values in Schuyler-Industry Community Unit School District 5 have increased 14.4% 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 Schuyler-Industry Community Unit School District 5?

Based on a typical all-in ownership cost of $825/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Schuyler-Industry Community Unit School District 5 is $67k/year.

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What industries drive the economy in Schuyler-Industry Community Unit School District 5?

The largest employment sectors in Schuyler-Industry Community Unit School District 5 are public administration (26%) and transportation (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.