Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

South Wilmington Consolidated School District 74

Learn about the people, housing, costs and businesses in South Wilmington Consolidated School District 74, Illinois

Median Home$185,803
Median Rent$1,082/month
Population882
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth⬆⬆+19.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners78% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 17% nationally
NotableAffordable Market$186k median home · lower cost than 86% of the country
South Wilmington Consolidated School District 74
IL

Explore South Wilmington Consolidated School District 74

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

Frequently Asked Questions

What are today's mortgage rates in South Wilmington Consolidated School District 74?

As of today, the 30-year fixed mortgage rate for South Wilmington Consolidated School District 74 is approximately 7.081% (7.092% 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 South Wilmington Consolidated School District 74
What is the median home price in South Wilmington Consolidated School District 74?

The median home value in South Wilmington Consolidated School District 74 is $186k. The median monthly rent is $1,082. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Wilmington Consolidated School District 74?

Home values in South Wilmington Consolidated School District 74 have increased 19.9% 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 South Wilmington Consolidated School District 74?

Based on a typical all-in ownership cost of $1,079/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Wilmington Consolidated School District 74 is $85k/year.

Calculate your buying power
What industries drive the economy in South Wilmington Consolidated School District 74?

The largest employment sectors in South Wilmington Consolidated School District 74 are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.