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Wilmington Community Unit School District 209U

Learn about the people, housing, costs and businesses in Wilmington Community Unit School District 209U, Illinois

Median Home$245,752
Median Rent$1,112/month
Population11,987
Leading IndustriesInformation & Media · Wholesale Trade · Finance & Insurance11% information & media
Home Value Growth⬆⬆+20.6% over 2 years
Young Adults26% of residents
Homeowners72% of occupied units
Wilmington Community Unit School District 209U
IL

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Frequently Asked Questions

What are today's mortgage rates in Wilmington Community Unit School District 209U?

As of today, the 30-year fixed mortgage rate for Wilmington Community Unit School District 209U is approximately 6.981% (6.990% 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 Wilmington Community Unit School District 209U?

The median home value in Wilmington Community Unit School District 209U is $246k. The median monthly rent is $1,112. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wilmington Community Unit School District 209U?

Home values in Wilmington Community Unit School District 209U have increased 20.6% 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 Wilmington Community Unit School District 209U?

Based on a typical all-in ownership cost of $1,199/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 Wilmington Community Unit School District 209U is $79k/year.

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What industries drive the economy in Wilmington Community Unit School District 209U?

The largest employment sectors in Wilmington Community Unit School District 209U are public administration (21%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.