How much do homeowners pay a month in Barrington Township, IL?
Homeowners with a mortgage in Barrington Township, IL pay a median of $3,707 (±$270) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
60.5% of owned homes carry a mortgage.
In Barrington Township, the median monthly cost with a mortgage went from $3,409 in 2015–2019 to $3,707 in 2020–2024 (+8.7%).
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
- $3,707 (±$270)
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 60.5%
Monthly owner costs in Barrington Township
| Barrington Township | Cook County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $3,707 (±$270) | $2,270 (±$10) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $1,500 or more | $910 (±$7) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 60.5% (±5.8 points) | 62.4% (±0.4 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $6,191 (±$30) | $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 Barrington Township, the median cost with a mortgage is higher than in Cook County ($2,270).
It is also higher than in Illinois ($1,987).
It is higher than the national figure ($1,963).
In Cook County, Barrington Township ranks 14 of 148 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 32 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Barrington Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $3,409 (±$206) | $3,707 (±$270) | +8.7% | Down after inflation |
| Median home value | $632,200 (±$37,326) | $696,100 (±$53,240) | +10.1% | Down 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 Barrington Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Barrington Township | — | $3,707 (±$270) | — |
| South Barrington | 1.9 mi | $4,000 or more | — |
| Barrington Hills | 2.2 mi | $4,000 or more | — |
| East Dundee | 3.7 mi | $2,090 (±$220) | Lower |
| Hoffman Estates | 3.7 mi | $2,268 (±$83) | Lower |
| Barrington | 3.8 mi | $3,393 (±$265) | Not measurably different |
| Inverness | 4.0 mi | $4,000 or more | — |
| Cuba Township | 5.9 mi | $3,436 (±$191) | Not measurably different |
| Palatine Township | 5.9 mi | $2,449 (±$67) | Lower |
Nearby places with a measurably lower figure: East Dundee, IL ($2,090), Hoffman Estates, IL ($2,268), Palatine Township, IL ($2,449).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Cook County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | South Barrington | $4,000 or more |
| 1 (tie) | Wilmette | $4,000 or more |
| 1 (tie) | Winnetka | $4,000 or more |
| 1 (tie) | New Trier Township | $4,000 or more |
| 1 (tie) | River Forest Township | $4,000 or more |
| 13 | Western Springs | $3,998 (±$220) |
| 14 | Barrington Township | $3,707 (±$270) |
| 15 | Palos Park | $3,691 (±$1,518) |
| 16 | Northbrook | $3,656 (±$182) |
| 17 | La Grange | $3,622 (±$157) |
| 18 | Northfield Township | $3,495 (±$122) |
| 19 | Barrington | $3,393 (±$265) |
| 20 | Riverside | $3,336 (±$219) |
Showing 13 of 148 places in Cook 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 Barrington Township
What is the average mortgage payment in Barrington Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Barrington Township, IL is $3,707 (±$270) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Barrington Township?
Owners without a mortgage in Barrington Township pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Barrington Township gone up?
In Barrington Township, the median monthly cost with a mortgage went from $3,409 in 2015–2019 to $3,707 in 2020–2024 (+8.7%).
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 — Barrington township, Cook County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Barrington township, Cook County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Barrington township, Cook County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Barrington township, Cook County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Barrington township, Cook 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 Barrington township, Cook County, Illinois (county subdivision:03831, in state:17 county:031).
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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- Fair Market Rent in Barrington Township
- Illinois landlord and tenant rules
- Housing across Cook County
- Housing data for every place in Illinois