How much do homeowners pay a month in Avon Township, IL?
Homeowners with a mortgage in Avon Township, IL pay a median of $1,952 (±$63) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $907 (±$60).
64.8% of owned homes carry a mortgage.
In Avon Township, the median monthly cost with a mortgage went from $1,712 in 2015–2019 to $1,952 in 2020–2024 (+14.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,952 (±$63)
- Without a mortgage
- $907 (±$60)
- Owned with a mortgage
- 64.8%
Monthly owner costs in Avon Township
| Avon Township | Lake County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,952 (±$63) | $2,503 (±$39) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $907 (±$60) | $1,088 (±$17) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 64.8% (±2.6 points) | 63.9% (±0.7 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $6,832 (±$268) | $8,923 (±$108) | $5,298 (±$22) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Avon Township, the median cost with a mortgage is lower than in Lake County ($2,503).
It is not measurably different from Illinois ($1,987).
It is not measurably different from the national figure ($1,963).
In Lake County, Avon Township ranks 53 of 70 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 445 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Avon Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,712 (±$45) | $1,952 (±$63) | +14.0% | Down after inflation |
| Median real estate taxes | $5,985 (±$182) | $6,832 (±$268) | +14.2% | Down after inflation |
| Median home value | $164,800 (±$3,827) | $230,900 (±$7,789) | +40.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Avon Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Avon Township | — | $1,952 (±$63) | — |
| Grayslake | 1.7 mi | $2,313 (±$84) | Higher |
| Round Lake Park | 1.7 mi | $1,660 (±$277) | Lower |
| Hainesville | 1.7 mi | $1,773 (±$212) | Not measurably different |
| Round Lake Beach | 2.1 mi | $1,765 (±$85) | Lower |
| Round Lake | 2.5 mi | $2,229 (±$95) | Higher |
| Third Lake | 2.6 mi | $2,588 (±$249) | Higher |
| Round Lake Heights | 3.1 mi | $1,799 (±$230) | Not measurably different |
| Venetian Village | 3.4 mi | $1,708 (±$370) | Not measurably different |
Nearby places with a measurably lower figure: Round Lake Park, IL ($1,660), Round Lake Beach, IL ($1,765).
Nearby places with a measurably higher figure: Grayslake, IL ($2,313), Round Lake, IL ($2,229), Third Lake, IL ($2,588).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Lake County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 47 | Gages Lake | $2,234 (±$109) |
| 48 | Round Lake | $2,229 (±$95) |
| 49 | Mundelein | $2,162 (±$77) |
| 50 | Forest Lake | $2,075 (±$747) |
| 51 | Benton Township (Lake County) | $2,013 (±$131) |
| 52 | Winthrop Harbor | $1,998 (±$235) |
| 53 | Avon Township | $1,952 (±$63) |
| 54 | Beach Park | $1,941 (±$84) |
| 55 | Fox Lake Hills | $1,925 (±$152) |
| 56 | Grant Township (Lake County) | $1,893 (±$69) |
| 57 | Fox Lake | $1,831 (±$151) |
| 58 | Channel Lake | $1,827 (±$156) |
| 59 | Round Lake Heights | $1,799 (±$230) |
Showing 13 of 70 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Avon Township
What is the average mortgage payment in Avon Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Avon Township, IL is $1,952 (±$63) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Avon Township?
Owners without a mortgage in Avon Township pay a median of $907 (±$60) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Avon Township gone up?
In Avon Township, the median monthly cost with a mortgage went from $1,712 in 2015–2019 to $1,952 in 2020–2024 (+14.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Avon township, Lake County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Avon township, Lake County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Avon township, Lake County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Avon township, Lake County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Avon township, Lake County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Avon township, Lake County, Illinois (county subdivision:03220, in state:17 county:097).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Avon Township
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- Fair Market Rent in Avon Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Illinois