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Woodland Community Consolidated School District 50

Learn about the people, housing, costs and businesses in Woodland Community Consolidated School District 50, Illinois

Median Home$329,500
Median Rent$1,778/month
Population51,583
Leading IndustriesTransportation · Retail · Professional Services4% transportation
Home Value Growth⬆⬆+14.7% over 2 years
Young Adults29% of residentsslightly above average
Homeowners77% of occupied units
NotableHighly Educated33% bachelor's · 17% graduate · top 1% nationally
NotableHigh Incomes$124k/year · top 18% nationally
Woodland Community Consolidated School District 50
IL

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Frequently Asked Questions

What are today's mortgage rates in Woodland Community Consolidated School District 50?

As of today, the 30-year fixed mortgage rate for Woodland Community Consolidated School District 50 is approximately 6.930% (6.937% 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 Woodland Community Consolidated School District 50
What is the median home price in Woodland Community Consolidated School District 50?

The median home value in Woodland Community Consolidated School District 50 is $330k. The median monthly rent is $1,778. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodland Community Consolidated School District 50?

Home values in Woodland Community Consolidated School District 50 have increased 14.7% 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 Woodland Community Consolidated School District 50?

Based on a typical all-in ownership cost of $1,887/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodland Community Consolidated School District 50 is $124k/year.

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What industries drive the economy in Woodland Community Consolidated School District 50?

The largest employment sectors in Woodland Community Consolidated School District 50 are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.