How much do homeowners pay a month in Burnham, IL?
Homeowners with a mortgage in Burnham, IL pay a median of $1,547 (±$725) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $647 (±$50).
58.9% of owned homes carry a mortgage.
In Burnham, the median monthly cost with a mortgage went from $1,315 in 2015–2019 to $1,547 in 2020–2024 (+17.6%).
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
- $1,547 (±$725)
- Without a mortgage
- $647 (±$50)
- Owned with a mortgage
- 58.9%
Monthly owner costs in Burnham
| Burnham | Cook County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,547 (±$725) | $2,270 (±$10) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $647 (±$50) | $910 (±$7) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 58.9% (±13.8 points) | 62.4% (±0.4 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $4,189 (±$1,281) | $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 Burnham, the median cost with a mortgage is not measurably different from Cook County ($2,270).
It is not measurably different from Illinois ($1,987).
It is not measurably different from the national figure ($1,963).
In Cook County, Burnham ranks 136 of 148 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 918 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Burnham have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,315 (±$121) | $1,547 (±$725) | +17.6% | No measurable change after inflation |
| Median real estate taxes | $3,348 (±$184) | $4,189 (±$1,281) | +25.1% | No measurable change after inflation |
| Median home value | $96,400 (±$8,655) | $161,300 (±$25,918) | +67.3% | 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 Burnham
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Burnham | — | $1,547 (±$725) | — |
| Dolton | 2.8 mi | $1,590 (±$47) | Not measurably different |
| Hammond | 3.0 mi | $1,231 (±$33) | Not measurably different |
| Calumet City | 3.0 mi | $1,655 (±$85) | Not measurably different |
| Thornton Township | 3.9 mi | $1,646 (±$36) | Not measurably different |
| Whiting | 3.9 mi | $1,264 (±$394) | Not measurably different |
| South Holland | 4.1 mi | $1,990 (±$92) | Not measurably different |
| North Township (Lake County) | 4.4 mi | $1,369 (±$24) | Not measurably different |
| Riverdale | 4.7 mi | $1,410 (±$112) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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 |
|---|---|---|
| 130 | Calumet Township | $1,616 (±$163) |
| 131 | Country Club Hills | $1,604 (±$113) |
| 132 | East Hazel Crest | $1,593 (±$86) |
| 133 | Dolton | $1,590 (±$47) |
| 134 | South Chicago Heights | $1,570 (±$353) |
| 135 | Park Forest | $1,568 (±$145) |
| 136 | Burnham | $1,547 (±$725) |
| 137 | Thornton | $1,527 (±$118) |
| 138 | Calumet Park | $1,519 (±$137) |
| 139 | Steger | $1,511 (±$87) |
| 140 | Merrionette Park | $1,482 (±$170) |
| 141 | Harvey | $1,477 (±$136) |
| 142 | Hometown | $1,445 (±$141) |
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.
What you can do on Seayora in Burnham
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 Burnham beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Burnham, 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 Burnham, and send estimates and invoices from your phone.
Questions about Burnham
What is the average mortgage payment in Burnham?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Burnham, IL is $1,547 (±$725) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Burnham?
Owners without a mortgage in Burnham pay a median of $647 (±$50) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Burnham gone up?
In Burnham, the median monthly cost with a mortgage went from $1,315 in 2015–2019 to $1,547 in 2020–2024 (+17.6%).
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 — Burnham village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Burnham village, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Burnham village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Burnham village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Burnham 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 Burnham village, Illinois (place:09798, 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 Burnham at a glance
- Median rent in Burnham
- Rent by bedrooms in Burnham
- Rent burden in Burnham
- Renters and owners in Burnham
- Income and affordability in Burnham
- Home values in Burnham
- Property taxes in Burnham
- Types of homes in Burnham
- Bedrooms in Burnham
- Age of homes in Burnham
- Vacancy rate in Burnham
- Heating fuel in Burnham
- Commute and cars in Burnham
- Crime reported to police in Burnham
- Population growth in Burnham
- How long people stay in Burnham
- Crowding and facilities in Burnham
- Illinois landlord and tenant rules
- Housing across Cook County
- Housing data for every place in Illinois