How much do homeowners pay a month in Benton Township (Lake County), IL?
Homeowners with a mortgage in Benton Township (Lake County), IL pay a median of $2,013 (±$131) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $859 (±$51).
55.1% of owned homes carry a mortgage.
In Benton Township (Lake County), the median monthly cost with a mortgage went from $1,695 in 2015–2019 to $2,013 in 2020–2024 (+18.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,013 (±$131)
- Without a mortgage
- $859 (±$51)
- Owned with a mortgage
- 55.1%
Monthly owner costs in Benton Township (Lake County)
| Benton Township (Lake County) | Lake County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $2,013 (±$131) | $2,503 (±$39) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $859 (±$51) | $1,088 (±$17) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 55.1% (±5.2 points) | 63.9% (±0.7 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $6,914 (±$467) | $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 Benton Township (Lake County), 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, Benton Township (Lake County) ranks 51 of 70 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 395 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Benton Township (Lake County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,695 (±$93) | $2,013 (±$131) | +18.8% | No measurable change after inflation |
| Median real estate taxes | $5,563 (±$313) | $6,914 (±$467) | +24.3% | No measurable change after inflation |
| Median home value | $163,500 (±$7,561) | $249,800 (±$14,081) | +52.8% | 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 Benton Township (Lake County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Benton Township (Lake County) | — | $2,013 (±$131) | — |
| Beach Park | 1.0 mi | $1,941 (±$84) | Not measurably different |
| Zion | 1.9 mi | $1,765 (±$117) | Lower |
| Zion Township | 1.9 mi | $1,765 (±$117) | Lower |
| Wadsworth | 3.5 mi | $2,336 (±$347) | Not measurably different |
| Winthrop Harbor | 3.6 mi | $1,998 (±$235) | Not measurably different |
| Waukegan Township | 4.1 mi | $1,551 (±$67) | Lower |
| Waukegan | 4.5 mi | $1,682 (±$69) | Lower |
| Newport Township | 4.7 mi | $2,551 (±$483) | Higher |
Nearby places with a measurably lower figure: Zion, IL ($1,765), Zion Township, IL ($1,765), Waukegan Township, IL ($1,551).
Nearby places with a measurably higher figure: Newport Township, IL ($2,551).
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 |
|---|---|---|
| 45 | Antioch Township | $2,270 (±$122) |
| 46 | Wauconda Township | $2,239 (±$200) |
| 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) |
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.
What you can do on Seayora in Benton Township (Lake County)
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 Benton Township (Lake County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Benton Township (Lake County), 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 Benton Township (Lake County), and send estimates and invoices from your phone.
Questions about Benton Township (Lake County)
What is the average mortgage payment in Benton Township (Lake County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Benton Township (Lake County), IL is $2,013 (±$131) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Benton Township (Lake County)?
Owners without a mortgage in Benton Township (Lake County) pay a median of $859 (±$51) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Benton Township (Lake County) gone up?
In Benton Township (Lake County), the median monthly cost with a mortgage went from $1,695 in 2015–2019 to $2,013 in 2020–2024 (+18.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Benton township, Lake County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Benton township, Lake County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Benton township, Lake County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Benton township, Lake County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Benton 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 Benton township, Lake County, Illinois (county subdivision:05326, 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
- Housing in Benton Township (Lake County) at a glance
- Median rent in Benton Township (Lake County)
- Rent by bedrooms in Benton Township (Lake County)
- Rent burden in Benton Township (Lake County)
- Renters and owners in Benton Township (Lake County)
- Income and affordability in Benton Township (Lake County)
- Home values in Benton Township (Lake County)
- Property taxes in Benton Township (Lake County)
- Types of homes in Benton Township (Lake County)
- Bedrooms in Benton Township (Lake County)
- Age of homes in Benton Township (Lake County)
- Vacancy rate in Benton Township (Lake County)
- Heating fuel in Benton Township (Lake County)
- Commute and cars in Benton Township (Lake County)
- Population growth in Benton Township (Lake County)
- How long people stay in Benton Township (Lake County)
- Crowding and facilities in Benton Township (Lake County)
- Fair Market Rent in Benton Township (Lake County)
- Illinois landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Illinois