Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Union Ridge School District 86

Learn about the people, housing, costs and businesses in Union Ridge School District 86, Illinois

Median Home$354,687
Median Rent$1,219/month
Population6,568
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade10% construction
Home Value Growth⬆⬆+12.4% over 2 years
Retirees22% of residentsabove average nationally
Homeowners57% of occupied units
Union Ridge School District 86
IL

Explore Union Ridge School District 86

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

Frequently Asked Questions

What are today's mortgage rates in Union Ridge School District 86?

As of today, the 30-year fixed mortgage rate for Union Ridge School District 86 is approximately 6.934% (6.941% 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 Union Ridge School District 86
What is the median home price in Union Ridge School District 86?

The median home value in Union Ridge School District 86 is $355k. The median monthly rent is $1,219. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Union Ridge School District 86?

Home values in Union Ridge School District 86 have increased 12.4% 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 Union Ridge School District 86?

Based on a typical all-in ownership cost of $1,218/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Union Ridge School District 86 is $83k/year.

Calculate your buying power
What industries drive the economy in Union Ridge School District 86?

The largest employment sectors in Union Ridge School District 86 are public administration (27%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.