How much do homeowners pay a month in Bement, IL?
Homeowners with a mortgage in Bement, IL pay a median of $1,145 (±$117) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $521 (±$37).
56.7% of owned homes carry a mortgage.
In Bement, the median monthly cost with a mortgage went from $1,074 in 2015–2019 to $1,145 in 2020–2024 (+6.6%).
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
- $1,145 (±$117)
- Without a mortgage
- $521 (±$37)
- Owned with a mortgage
- 56.7%
Monthly owner costs in Bement
| Bement | Piatt County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,145 (±$117) | $1,527 (±$90) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $521 (±$37) | $647 (±$47) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 56.7% (±7.7 points) | 58.5% (±3.3 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,142 (±$208) | $3,265 (±$165) | $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 Bement, the median cost with a mortgage is lower than in Piatt County ($1,527).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Piatt County, Bement ranks 14 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1856 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Bement have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,074 (±$62) | $1,145 (±$117) | +6.6% | Down after inflation |
| Median real estate taxes | $2,245 (±$201) | $2,142 (±$208) | −4.6% | Down after inflation |
| Median home value | $91,400 (±$10,116) | $99,300 (±$4,649) | +8.6% | No measurable change 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 Bement
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Bement | — | $1,145 (±$117) | — |
| Bement Township | 2.1 mi | $1,170 (±$118) | Not measurably different |
| Ivesdale | 6.4 mi | $1,306 (±$180) | Not measurably different |
| Monticello Township | 6.7 mi | $1,648 (±$160) | Higher |
| Unity Township | 7.1 mi | $1,259 (±$168) | Not measurably different |
| Willow Branch Township | 7.1 mi | $3,015 (±$1,519) | Higher |
| Cerro Gordo Township | 7.4 mi | $1,304 (±$106) | Higher |
| Monticello | 7.6 mi | $1,710 (±$168) | Higher |
| Hammond | 8.3 mi | $1,265 (±$321) | Not measurably different |
Nearby places with a measurably higher figure: Monticello Township, IL ($1,648), Willow Branch Township, IL ($3,015), Cerro Gordo Township, IL ($1,304).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Piatt County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Cerro Gordo Township | $1,304 (±$106) |
| 9 | Hammond | $1,265 (±$321) |
| 10 | Atwood | $1,260 (±$130) |
| 11 | Unity Township | $1,259 (±$168) |
| 12 | Cerro Gordo | $1,197 (±$83) |
| 13 | Bement Township | $1,170 (±$118) |
| 14 | Bement | $1,145 (±$117) |
| 15 | Goose Creek Township | $1,025 (±$442) |
| 16 | De Land | $920 (±$102) |
Showing 9 of 16 places in Piatt 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.
What you can do on Seayora in Bement
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bement beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Bement, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Bement, and send estimates and invoices from your phone.
Questions about Bement
What is the average mortgage payment in Bement?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bement, IL is $1,145 (±$117) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Bement?
Owners without a mortgage in Bement pay a median of $521 (±$37) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Bement gone up?
In Bement, the median monthly cost with a mortgage went from $1,074 in 2015–2019 to $1,145 in 2020–2024 (+6.6%).
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 — Bement village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Bement village, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bement village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bement village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bement village, 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 Bement village, Illinois (place:05144, in state:17).
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
- Housing in Bement at a glance
- Median rent in Bement
- Renters and owners in Bement
- Income and affordability in Bement
- Home values in Bement
- Property taxes in Bement
- Types of homes in Bement
- Bedrooms in Bement
- Age of homes in Bement
- Heating fuel in Bement
- Commute and cars in Bement
- Crime reported to police in Bement
- Population growth in Bement
- How long people stay in Bement
- Illinois landlord and tenant rules
- Housing across Piatt County
- Housing data for every place in Illinois