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Thornton Township High School District 205

Learn about the people, housing, costs and businesses in Thornton Township High School District 205, Illinois

Median Home$142,197
Median Rent$1,438/month
Population101,276
Leading IndustriesFinance & Insurance · Information & Media12% finance & insurance
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults36% of residentstop 3% nationally
Homeowners65% of occupied units
Thornton Township High School District 205
IL

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

Frequently Asked Questions

What are today's mortgage rates in Thornton Township High School District 205?

As of today, the 30-year fixed mortgage rate for Thornton Township High School District 205 is approximately 7.121% (7.136% 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 Thornton Township High School District 205
What is the median home price in Thornton Township High School District 205?

The median home value in Thornton Township High School District 205 is $142k. The median monthly rent is $1,438. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thornton Township High School District 205?

Home values in Thornton Township High School District 205 have increased 12.8% 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 Thornton Township High School District 205?

Based on a typical all-in ownership cost of $1,248/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thornton Township High School District 205 is $57k/year.

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What industries drive the economy in Thornton Township High School District 205?

The largest employment sectors in Thornton Township High School District 205 are public administration (24%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.