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Woodridge

Learn about the people, housing, costs and businesses in Woodridge, Illinois

Median Home$372,542
Median Rent$1,553/month
Population34,135
Leading IndustriesProfessional Services · Transportation · Finance & Insurance3% professional services
Home Value Growth⬆⬆⬆+21.7% over 2 years
Young Adults29% of residentsslightly above average
Homeowners72% of occupied units
NotableHighly Educated30% bachelor's · 13% graduate · top 9% nationally
NotableHigh Incomes$108k/year · top 13% nationally
Woodridge
IL

Frequently Asked Questions

What are today's mortgage rates in Woodridge?

As of today, the 30-year fixed mortgage rate for Woodridge is approximately 6.880% (6.886% 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 Woodridge?

The median home value in Woodridge is $373k. The median monthly rent is $1,553. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodridge?

Home values in Woodridge have increased 21.7% 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 Woodridge?

Based on a typical all-in ownership cost of $1,768/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $76k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodridge is $108k/year.

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What industries drive the economy in Woodridge?

The largest employment sectors in Woodridge are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.