How much do homeowners pay a month in Effingham, IL?
Homeowners with a mortgage in Effingham, IL pay a median of $1,381 (±$84) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $622 (±$45).
55.6% of owned homes carry a mortgage.
In Effingham, the median monthly cost with a mortgage went from $990 in 2015–2019 to $1,381 in 2020–2024 (+39.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,381 (±$84)
- Without a mortgage
- $622 (±$45)
- Owned with a mortgage
- 55.6%
Monthly owner costs in Effingham
| Effingham | Effingham County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,381 (±$84) | $1,427 (±$51) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $622 (±$45) | $616 (±$22) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 55.6% (±5.3 points) | 52.8% (±2.6 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,879 (±$295) | $2,823 (±$125) | $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 Effingham, the median cost with a mortgage is not measurably different from Effingham County ($1,427).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Effingham County, Effingham ranks 13 of 25 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1184 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Effingham have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $990 (±$67) | $1,381 (±$84) | +39.5% | Up after inflation |
| Median real estate taxes | $2,277 (±$211) | $2,879 (±$295) | +26.4% | No measurable change after inflation |
| Median home value | $126,800 (±$10,144) | $177,500 (±$16,109) | +40.0% | 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 Effingham
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Effingham | — | $1,381 (±$84) | — |
| Teutopolis Township | 3.0 mi | $1,805 (±$162) | Higher |
| Douglas Township (Effingham County) | 3.4 mi | $1,391 (±$80) | Not measurably different |
| Teutopolis | 3.9 mi | $1,563 (±$240) | Not measurably different |
| Summit Township | 4.6 mi | $2,049 (±$254) | Higher |
| Watson Township | 5.4 mi | $1,504 (±$211) | Not measurably different |
| Watson | 6.6 mi | $1,056 (±$82) | Lower |
| Banner Township (Effingham County) | 6.9 mi | $1,211 (±$340) | Not measurably different |
| Shumway | 7.0 mi | $1,055 (±$148) | Lower |
Nearby places with a measurably lower figure: Watson, IL ($1,056), Shumway, IL ($1,055).
Nearby places with a measurably higher figure: Teutopolis Township, IL ($1,805), Summit Township, IL ($2,049).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Effingham County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 7 | Union Township (Effingham County) | $1,557 (±$174) |
| 8 | Dieterich | $1,505 (±$240) |
| 9 | Watson Township | $1,504 (±$211) |
| 10 | West Township (Effingham County) | $1,446 (±$850) |
| 11 | St. Francis Township | $1,401 (±$177) |
| 12 | Douglas Township (Effingham County) | $1,391 (±$80) |
| 13 | Effingham | $1,381 (±$84) |
| 14 | Jackson Township (Effingham County) | $1,242 (±$230) |
| 15 | Banner Township (Effingham County) | $1,211 (±$340) |
| 16 | Mason Township | $1,198 (±$156) |
| 17 | Mound Township (Effingham County) | $1,181 (±$72) |
| 18 | Altamont | $1,174 (±$122) |
| 19 | Montrose | $1,107 (±$283) |
Showing 13 of 25 places in Effingham 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 Effingham
What is the average mortgage payment in Effingham?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Effingham, IL is $1,381 (±$84) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Effingham?
Owners without a mortgage in Effingham pay a median of $622 (±$45) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Effingham gone up?
In Effingham, the median monthly cost with a mortgage went from $990 in 2015–2019 to $1,381 in 2020–2024 (+39.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Effingham city, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Effingham city, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Effingham city, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Effingham city, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Effingham city, 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 Effingham city, Illinois (place:22736, 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 .
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