How much do homeowners pay a month in Galva Township, IL?

Homeowners with a mortgage in Galva Township, IL pay a median of $1,114 (±$152) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $583 (±$48).

45.4% of owned homes carry a mortgage.

In Galva Township, the median monthly cost with a mortgage went from $1,037 in 2015–2019 to $1,114 in 2020–2024 (+7.4%).

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
$1,114 (±$152)
Without a mortgage
$583 (±$48)
Owned with a mortgage
45.4%

Monthly owner costs in Galva Township

Median selected monthly owner costs, estimate (90% margin of error)
Galva TownshipHenry CountyIllinoisUnited States
With a mortgage$1,114 (±$152)$1,414 (±$47)$1,987 (±$6)$1,963
Without a mortgage$583 (±$48)$581 (±$18)$792 (±$4)$638
Owned homes with a mortgage45.4% (±8.3 points)51.8% (±2.1 points)60.8% (±0.2 points)60.6%
Median real estate taxes (a year)$1,931 (±$264)$3,016 (±$139)$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 Galva Township, the median cost with a mortgage is lower than in Henry County ($1,414).

It is also lower than in Illinois ($1,987).

It is lower than the national figure ($1,963).

In Henry County, Galva Township ranks 29 of 36 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1950 of 2,589.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Galva Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,037 (±$91)$1,114 (±$152)+7.4%No measurable change after inflation
Median real estate taxes$1,421 (±$119)$1,931 (±$264)+35.9%No measurable change after inflation
Median home value$72,500 (±$5,335)$88,800 (±$16,852)+22.5%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 Galva Township

Nearest places with a published estimate, compared with Galva Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Galva Township—$1,114 (±$152)—
Galva1.1 mi$1,037 (±$181)Not measurably different
Bishop Hill4.3 mi$1,339 (±$266)Not measurably different
Weller Township5.4 mi$4,000 or more—
Wethersfield Township5.9 mi$1,185 (±$91)Not measurably different
La Fayette6.2 mi$832 (±$75)Lower
Burns Township6.6 mi$1,609 (±$543)Not measurably different
Kewanee7.0 mi$1,089 (±$72)Not measurably different
Goshen Township7.9 mi$892 (±$98)Lower

Nearby places with a measurably lower figure: La Fayette, IL ($832), Goshen Township, IL ($892).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Henry County, place by place

RankPlaceMedian monthly cost with a mortgage
22 (tie)Andover Township$1,250 (±$159)
24Alpha$1,237 (±$251)
25Woodhull$1,213 (±$263)
26Wethersfield Township$1,185 (±$91)
27 (tie)Atkinson$1,155 (±$91)
27 (tie)Atkinson Township$1,155 (±$91)
29Galva Township$1,114 (±$152)
30Kewanee$1,089 (±$72)
31Osco Township$1,079 (±$425)
32Loraine Township$1,063 (±$876)
33Galva$1,037 (±$181)
34Kewanee Township$1,028 (±$122)
35Clover Township$989 (±$186)

Showing 13 of 36 places in Henry 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 Galva Township

What is the average mortgage payment in Galva Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Galva Township, IL is $1,114 (±$152) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Galva Township?

Owners without a mortgage in Galva Township pay a median of $583 (±$48) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Galva Township gone up?

In Galva Township, the median monthly cost with a mortgage went from $1,037 in 2015–2019 to $1,114 in 2020–2024 (+7.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Galva township, Henry County, Illinois (county subdivision:28443, in state:17 county:073).

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.

Request a Census API 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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