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Willow Springs School District 108

Learn about the people, housing, costs and businesses in Willow Springs School District 108, Illinois

Median Home$256,908
Median Rent$1,482/month
Population4,365
Leading IndustriesFinance & Insurance · Information & Media · Transportation10% finance & insurance
Home Value Growth+5.6% over 2 years
Family-Friendly29% of residentstop 2% nationally
Homeowners78% of occupied units
NotableVeteran Community8% of residents · top 18% nationally
Willow Springs School District 108
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 Willow Springs School District 108?

As of today, the 30-year fixed mortgage rate for Willow Springs School District 108 is approximately 6.994% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Willow Springs School District 108?

The median home value in Willow Springs School District 108 is $257k. The median monthly rent is $1,482. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Willow Springs School District 108?

Home values in Willow Springs School District 108 have increased 5.6% 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 Willow Springs School District 108?

Based on a typical all-in ownership cost of $1,520/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Willow Springs School District 108 is $86k/year.

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What industries drive the economy in Willow Springs School District 108?

The largest employment sectors in Willow Springs School District 108 are public administration (20%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.