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Wood Dale School District 7

Learn about the people, housing, costs and businesses in Wood Dale School District 7, Illinois

Median Home$336,463
Median Rent$1,674/month
Population9,689
Leading IndustriesEducation · Finance & Insurance · Information & Media3% education
Home Value Growth⬆⬆+15.2% over 2 years
Young Adults29% of residentsslightly above average
Homeowners75% of occupied units
Wood Dale School District 7
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 Wood Dale School District 7?

As of today, the 30-year fixed mortgage rate for Wood Dale School District 7 is approximately 6.946% (6.954% 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 Wood Dale School District 7?

The median home value in Wood Dale School District 7 is $336k. The median monthly rent is $1,674. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wood Dale School District 7?

Home values in Wood Dale School District 7 have increased 15.2% 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 Wood Dale School District 7?

Based on a typical all-in ownership cost of $1,755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $75k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wood Dale School District 7 is $92k/year.

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What industries drive the economy in Wood Dale School District 7?

The largest employment sectors in Wood Dale School District 7 are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.