How much do homeowners pay a month in Fremont Township, IL?
Homeowners with a mortgage in Fremont Township, IL pay a median of $2,582 (±$125) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,049 (±$65).
56.3% of owned homes carry a mortgage.
In Fremont Township, the median monthly cost with a mortgage went from $2,199 in 2015–2019 to $2,582 in 2020–2024 (+17.4%).
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
- $2,582 (±$125)
- Without a mortgage
- $1,049 (±$65)
- Owned with a mortgage
- 56.3%
Monthly owner costs in Fremont Township
| Fremont Township | Lake County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $2,582 (±$125) | $2,503 (±$39) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $1,049 (±$65) | $1,088 (±$17) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 56.3% (±4.0 points) | 63.9% (±0.7 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $9,744 (±$547) | $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 Fremont Township, the median cost with a mortgage is not measurably different from 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, Fremont Township ranks 33 of 70 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 129 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Fremont Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,199 (±$87) | $2,582 (±$125) | +17.4% | No measurable change after inflation |
| Median real estate taxes | $8,199 (±$286) | $9,744 (±$547) | +18.8% | No measurable change after inflation |
| Median home value | $263,800 (±$9,018) | $344,600 (±$13,129) | +30.6% | 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 Fremont Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Fremont Township | — | $2,582 (±$125) | — |
| Mundelein | 2.4 mi | $2,162 (±$77) | Lower |
| Hawthorn Woods | 3.0 mi | $3,923 (±$245) | Higher |
| Wauconda | 3.7 mi | $2,337 (±$426) | Not measurably different |
| Hainesville | 4.0 mi | $1,773 (±$212) | Lower |
| Round Lake Park | 4.3 mi | $1,660 (±$277) | Lower |
| Grayslake | 4.5 mi | $2,313 (±$84) | Lower |
| Forest Lake | 4.7 mi | $2,075 (±$747) | Not measurably different |
| Round Lake | 4.8 mi | $2,229 (±$95) | Lower |
Nearby places with a measurably lower figure: Mundelein, IL ($2,162), Hainesville, IL ($1,773), Round Lake Park, IL ($1,660).
Nearby places with a measurably higher figure: Hawthorn Woods, IL ($3,923).
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 |
|---|---|---|
| 27 | Grandwood Park | $2,854 (±$498) |
| 28 | Buffalo Grove | $2,839 (±$128) |
| 29 | Vernon Hills | $2,824 (±$104) |
| 30 | Lake Zurich | $2,749 (±$88) |
| 31 | Lake Villa | $2,667 (±$123) |
| 32 | Third Lake | $2,588 (±$249) |
| 33 | Fremont Township | $2,582 (±$125) |
| 34 | Newport Township | $2,551 (±$483) |
| 35 | Antioch | $2,491 (±$191) |
| 36 | Volo | $2,466 (±$218) |
| 37 | Lindenhurst | $2,452 (±$106) |
| 38 | Knollwood | $2,437 (±$509) |
| 39 | Gurnee | $2,431 (±$96) |
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.
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Questions about Fremont Township
What is the average mortgage payment in Fremont Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fremont Township, IL is $2,582 (±$125) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Fremont Township?
Owners without a mortgage in Fremont Township pay a median of $1,049 (±$65) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Fremont Township gone up?
In Fremont Township, the median monthly cost with a mortgage went from $2,199 in 2015–2019 to $2,582 in 2020–2024 (+17.4%).
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 — Fremont township, Lake County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Fremont township, Lake County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Fremont township, Lake County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Fremont township, Lake County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fremont 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 Fremont township, Lake County, Illinois (county subdivision:27923, 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 Fremont Township at a glance
- Rent burden in Fremont Township
- Renters and owners in Fremont Township
- Income and affordability in Fremont Township
- Home values in Fremont Township
- Property taxes in Fremont Township
- Types of homes in Fremont Township
- Bedrooms in Fremont Township
- Age of homes in Fremont Township
- Heating fuel in Fremont Township
- Commute and cars in Fremont Township
- Population growth in Fremont Township
- How long people stay in Fremont Township
- Crowding and facilities in Fremont Township
- Fair Market Rent in Fremont Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Illinois