How much do homeowners pay a month in Collinsville Township, IL?
Homeowners with a mortgage in Collinsville Township, IL pay a median of $1,481 (±$62) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $657 (±$34).
62.0% of owned homes carry a mortgage.
In Collinsville Township, the median monthly cost with a mortgage went from $1,344 in 2015–2019 to $1,481 in 2020–2024 (+10.2%).
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
- $1,481 (±$62)
- Without a mortgage
- $657 (±$34)
- Owned with a mortgage
- 62.0%
Monthly owner costs in Collinsville Township
| Collinsville Township | Madison County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,481 (±$62) | $1,511 (±$29) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $657 (±$34) | $653 (±$15) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 62.0% (±3.4 points) | 59.9% (±1.4 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,493 (±$171) | $3,319 (±$80) | $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 Collinsville Township, the median cost with a mortgage is not measurably different from Madison County ($1,511).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Madison County, Collinsville Township ranks 27 of 53 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1003 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Collinsville Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,344 (±$42) | $1,481 (±$62) | +10.2% | Down after inflation |
| Median real estate taxes | $3,038 (±$195) | $3,493 (±$171) | +15.0% | No measurable change after inflation |
| Median home value | $155,100 (±$5,037) | $192,500 (±$10,816) | +24.1% | 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 Collinsville Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Collinsville Township | — | $1,481 (±$62) | — |
| Collinsville | 2.1 mi | $1,409 (±$60) | Not measurably different |
| Maryville | 2.2 mi | $1,742 (±$258) | Not measurably different |
| Glen Carbon | 4.0 mi | $2,096 (±$193) | Higher |
| Pontoon Beach | 4.7 mi | $1,325 (±$124) | Lower |
| Troy | 5.1 mi | $1,919 (±$144) | Higher |
| Nameoki Township | 5.3 mi | $1,238 (±$107) | Lower |
| Caseyville Township | 5.5 mi | $1,654 (±$77) | Higher |
| Caseyville | 5.7 mi | $1,015 (±$212) | Lower |
Nearby places with a measurably lower figure: Pontoon Beach, IL ($1,325), Nameoki Township, IL ($1,238), Caseyville, IL ($1,015).
Nearby places with a measurably higher figure: Glen Carbon, IL ($2,096), Troy, IL ($1,919), Caseyville Township, IL ($1,654).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Madison County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 21 | Godfrey | $1,572 (±$117) |
| 22 | Helvetia Township | $1,563 (±$127) |
| 23 | Marine | $1,558 (±$86) |
| 24 | Alhambra Township | $1,521 (±$197) |
| 25 | Highland | $1,519 (±$101) |
| 26 | Worden | $1,505 (±$212) |
| 27 | Collinsville Township | $1,481 (±$62) |
| 28 | Bethalto | $1,410 (±$100) |
| 29 | Collinsville | $1,409 (±$60) |
| 30 | New Douglas Township | $1,375 (±$418) |
| 31 | Alhambra | $1,359 (±$125) |
| 32 | Pontoon Beach | $1,325 (±$124) |
| 33 | Rosewood Heights | $1,311 (±$117) |
Showing 13 of 53 places in Madison 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 Collinsville Township
What is the average mortgage payment in Collinsville Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Collinsville Township, IL is $1,481 (±$62) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Collinsville Township?
Owners without a mortgage in Collinsville Township pay a median of $657 (±$34) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Collinsville Township gone up?
In Collinsville Township, the median monthly cost with a mortgage went from $1,344 in 2015–2019 to $1,481 in 2020–2024 (+10.2%).
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 — Collinsville township, Madison County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Collinsville township, Madison County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Collinsville township, Madison County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Collinsville township, Madison County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Collinsville township, Madison 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 Collinsville township, Madison County, Illinois (county subdivision:15612, in state:17 county:119).
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 Collinsville Township at a glance
- Median rent in Collinsville Township
- Rent by bedrooms in Collinsville Township
- Rent burden in Collinsville Township
- Renters and owners in Collinsville Township
- Income and affordability in Collinsville Township
- Home values in Collinsville Township
- Property taxes in Collinsville Township
- Types of homes in Collinsville Township
- Bedrooms in Collinsville Township
- Age of homes in Collinsville Township
- Vacancy rate in Collinsville Township
- Heating fuel in Collinsville Township
- Commute and cars in Collinsville Township
- Population growth in Collinsville Township
- How long people stay in Collinsville Township
- Crowding and facilities in Collinsville Township
- Fair Market Rent in Collinsville Township
- Illinois landlord and tenant rules
- Housing across Madison County
- Housing data for every place in Illinois