How much do homeowners pay a month in Deer Park, IL?
Homeowners with a mortgage in Deer Park, IL pay a median of $3,922 (±$314) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,483 (±$75).
69.4% of owned homes carry a mortgage.
In Deer Park, the median monthly cost with a mortgage went from $3,212 in 2015–2019 to $3,922 in 2020–2024 (+22.1%).
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
- $3,922 (±$314)
- Without a mortgage
- $1,483 (±$75)
- Owned with a mortgage
- 69.4%
Monthly owner costs in Deer Park
| Deer Park | Lake County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $3,922 (±$314) | $2,503 (±$39) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $1,483 (±$75) | $1,088 (±$17) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 69.4% (±7.2 points) | 63.9% (±0.7 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $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 Deer Park, the median cost with a mortgage is higher than in Lake County ($2,503).
It is also higher than in Illinois ($1,987).
It is higher than the national figure ($1,963).
In Lake County, Deer Park ranks 11 of 70 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 27 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Deer Park have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $3,212 (±$140) | $3,922 (±$314) | +22.1% | No measurable change after inflation |
| Median home value | $552,800 (±$20,972) | $661,300 (±$33,214) | +19.6% | 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 Deer Park
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Deer Park | — | $3,922 (±$314) | — |
| Lake Zurich | 2.0 mi | $2,749 (±$88) | Lower |
| Kildeer | 2.2 mi | $4,000 or more | — |
| Ela Township | 2.4 mi | $3,316 (±$114) | Lower |
| Barrington | 2.4 mi | $3,393 (±$265) | Lower |
| North Barrington | 3.6 mi | $3,984 (±$244) | Not measurably different |
| Forest Lake | 3.6 mi | $2,075 (±$747) | Lower |
| Inverness | 3.6 mi | $4,000 or more | — |
| Palatine Township | 4.0 mi | $2,449 (±$67) | Lower |
Nearby places with a measurably lower figure: Lake Zurich, IL ($2,749), Ela Township, IL ($3,316), Barrington, IL ($3,393).
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 |
|---|---|---|
| 1 (tie) | Mettawa | $4,000 or more |
| 1 (tie) | Riverwoods | $4,000 or more |
| 1 (tie) | West Deerfield Township | $4,000 or more |
| 8 | North Barrington | $3,984 (±$244) |
| 9 | Lincolnshire | $3,927 (±$330) |
| 10 | Hawthorn Woods | $3,923 (±$245) |
| 11 | Deer Park | $3,922 (±$314) |
| 12 | Green Oaks | $3,887 (±$300) |
| 13 | Lake Bluff | $3,771 (±$182) |
| 14 | Deerfield | $3,731 (±$116) |
| 15 | Moraine Township | $3,496 (±$300) |
| 16 | Highland Park | $3,479 (±$286) |
| 17 | Cuba Township | $3,436 (±$191) |
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 Deer Park
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 Deer Park beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Deer Park, 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 Deer Park, and send estimates and invoices from your phone.
Questions about Deer Park
What is the average mortgage payment in Deer Park?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Deer Park, IL is $3,922 (±$314) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Deer Park?
Owners without a mortgage in Deer Park pay a median of $1,483 (±$75) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Deer Park gone up?
In Deer Park, the median monthly cost with a mortgage went from $3,212 in 2015–2019 to $3,922 in 2020–2024 (+22.1%).
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 — Deer Park village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Deer Park village, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Deer Park village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Deer Park village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Deer Park 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 Deer Park village, Illinois (place:19083, 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 Deer Park at a glance
- Median rent in Deer Park
- Rent by bedrooms in Deer Park
- Rent burden in Deer Park
- Renters and owners in Deer Park
- Income and affordability in Deer Park
- Home values in Deer Park
- Property taxes in Deer Park
- Types of homes in Deer Park
- Age of homes in Deer Park
- Heating fuel in Deer Park
- Commute and cars in Deer Park
- Population growth in Deer Park
- How long people stay in Deer Park
- Illinois landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Illinois