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Waltham Community Consolidated School District 185

Learn about the people, housing, costs and businesses in Waltham Community Consolidated School District 185, Illinois

Median Home$239,102
Median Rent$1,196/month
Population2,363
Leading IndustriesWholesale Trade · Manufacturing · Healthcare13% wholesale trade
Home Value Growth+8.8% over 2 years
Young Adults24% of residents
Homeowners87% of occupied units
NotableVeteran Community8% of residents · top 18% nationally
NotableHigh Incomes$106k/year · top 30% nationally
Waltham Community Consolidated School District 185
IL

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Frequently Asked Questions

What are today's mortgage rates in Waltham Community Consolidated School District 185?

As of today, the 30-year fixed mortgage rate for Waltham Community Consolidated School District 185 is approximately 7.032% (7.042% 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 Waltham Community Consolidated School District 185
What is the median home price in Waltham Community Consolidated School District 185?

The median home value in Waltham Community Consolidated School District 185 is $239k. The median monthly rent is $1,196. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Waltham Community Consolidated School District 185?

Home values in Waltham Community Consolidated School District 185 have increased 8.8% over the past two years. This represents moderate growth. 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 Waltham Community Consolidated School District 185?

Based on a typical all-in ownership cost of $1,186/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Waltham Community Consolidated School District 185 is $106k/year.

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What industries drive the economy in Waltham Community Consolidated School District 185?

The largest employment sectors in Waltham Community Consolidated School District 185 are public administration (22%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.