How much do homeowners pay a month in Glencoe, IL?

Homeowners with a mortgage in Glencoe, IL pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

68.3% of owned homes carry a mortgage.

Figures last updated on .

With a mortgage
$4,000 or more
Without a mortgage
$1,500 or more
Owned with a mortgage
68.3%

Monthly owner costs in Glencoe

Median selected monthly owner costs, estimate (90% margin of error)
GlencoeCook CountyIllinoisUnited States
With a mortgage$4,000 or more$2,270 (±$10)$1,987 (±$6)$1,963
Without a mortgage$1,500 or more$910 (±$7)$792 (±$4)$638
Owned homes with a mortgage68.3% (±5.7 points)62.4% (±0.4 points)60.8% (±0.2 points)60.6%
Median real estate taxes (a year)$10,000 or more$6,191 (±$30)$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.

How owner costs in Glencoe have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$953,700 (±$62,186)$1,432,500 (±$264,296)+50.2%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 Glencoe

Nearest places with a published estimate, compared with Glencoe
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Glencoe—$4,000 or more—
Winnetka2.2 mi$4,000 or more—
Northfield2.3 mi$4,000 or more—
New Trier Township2.5 mi$4,000 or more—
Northbrook3.7 mi$3,656 (±$182)—
Kenilworth4.0 mi$4,000 or more—
Northfield Township4.1 mi$3,495 (±$122)—
Highland Park4.1 mi$3,479 (±$286)—
Moraine Township4.2 mi$3,496 (±$300)—

None of the nearby places differs measurably from this one on this figure.

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

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

RankPlaceMedian monthly cost with a mortgage
1 (tie)Barrington Hills$4,000 or more
1 (tie)Glencoe$4,000 or more
1 (tie)Golf$4,000 or more
1 (tie)Inverness$4,000 or more
1 (tie)Kenilworth$4,000 or more
1 (tie)Northfield$4,000 or more
1 (tie)River Forest$4,000 or more
1 (tie)South Barrington$4,000 or more

Showing 8 of 148 places in Cook 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 Glencoe

What is the average mortgage payment in Glencoe?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Glencoe, IL is $4,000 or more a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Glencoe pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

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 Glencoe village, Illinois (place:29652, 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.

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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