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Spring Garden Community Consolidated School District 178

Learn about the people, housing, costs and businesses in Spring Garden Community Consolidated School District 178, Illinois

Median Home$106,621
Median Rent$784/month
Population3,783
Leading IndustriesTransportation · Retail · Finance & Insurance5% transportation
Home Value Growth⬆⬆⬆+31.0% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$107k median home · lower cost than 98% of the country
Spring Garden Community Consolidated School District 178
IL

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Frequently Asked Questions

What are today's mortgage rates in Spring Garden Community Consolidated School District 178?

As of today, the 30-year fixed mortgage rate for Spring Garden Community Consolidated School District 178 is approximately 7.323% (7.339% 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 Spring Garden Community Consolidated School District 178
What is the median home price in Spring Garden Community Consolidated School District 178?

The median home value in Spring Garden Community Consolidated School District 178 is $107k. The median monthly rent is $784. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Spring Garden Community Consolidated School District 178?

Home values in Spring Garden Community Consolidated School District 178 have increased 31.0% 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 Spring Garden Community Consolidated School District 178?

Based on a typical all-in ownership cost of $746/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Spring Garden Community Consolidated School District 178 is $62k/year.

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What industries drive the economy in Spring Garden Community Consolidated School District 178?

The largest employment sectors in Spring Garden Community Consolidated School District 178 are retail (21%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.