How much do homeowners pay a month in Henry Township, IL?
Homeowners with a mortgage in Henry Township, IL pay a median of $1,173 (±$81) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $569 (±$63).
50.4% of owned homes carry a mortgage.
In Henry Township, the median monthly cost with a mortgage went from $1,001 in 2015–2019 to $1,173 in 2020–2024 (+17.2%).
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
- $1,173 (±$81)
- Without a mortgage
- $569 (±$63)
- Owned with a mortgage
- 50.4%
Monthly owner costs in Henry Township
| Henry Township | Marshall County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,173 (±$81) | $1,298 (±$55) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $569 (±$63) | $608 (±$30) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 50.4% (±7.6 points) | 48.5% (±3.1 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,605 (±$167) | $2,766 (±$162) | $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 Henry Township, the median cost with a mortgage is lower than in Marshall County ($1,298).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Marshall County, Henry Township ranks 14 of 20 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1748 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Henry Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,001 (±$97) | $1,173 (±$81) | +17.2% | No measurable change after inflation |
| Median real estate taxes | $2,238 (±$252) | $2,605 (±$167) | +16.4% | No measurable change after inflation |
| Median home value | $95,500 (±$5,343) | $116,400 (±$10,352) | +21.9% | 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 Henry Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Henry Township | — | $1,173 (±$81) | — |
| Henry | 1.5 mi | $1,164 (±$79) | Not measurably different |
| Whitefield Township | 4.9 mi | $1,625 (±$1,416) | Not measurably different |
| Senachwine Township | 5.0 mi | $1,489 (±$408) | Not measurably different |
| Hopewell Township | 5.1 mi | $2,039 (±$183) | Higher |
| Lacon | 6.7 mi | $1,226 (±$104) | Not measurably different |
| Sparland | 6.8 mi | $857 (±$167) | Lower |
| Magnolia Township | 8.2 mi | $1,422 (±$204) | Higher |
| Hennepin Township | 8.2 mi | $1,786 (±$97) | Higher |
Nearby places with a measurably lower figure: Sparland, IL ($857).
Nearby places with a measurably higher figure: Hopewell Township, IL ($2,039), Magnolia Township, IL ($1,422), Hennepin Township, IL ($1,786).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Marshall County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Bennington Township | $1,297 (±$115) |
| 9 | Evans Township | $1,291 (±$83) |
| 10 | Lacon Township | $1,279 (±$111) |
| 11 | Wenona | $1,265 (±$107) |
| 12 | Toluca | $1,250 (±$97) |
| 13 | Lacon | $1,226 (±$104) |
| 14 | Henry Township | $1,173 (±$81) |
| 15 | Henry | $1,164 (±$79) |
| 16 | La Rose | $1,100 (±$249) |
| 17 | Varna | $1,045 (±$99) |
| 18 | Richland Township (Marshall County) | $925 (±$615) |
| 19 | Sparland | $857 (±$167) |
| 20 | Saratoga Township (Marshall County) | $771 (±$95) |
Showing 13 of 20 places in Marshall 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 Henry Township
What is the average mortgage payment in Henry Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Henry Township, IL is $1,173 (±$81) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Henry Township?
Owners without a mortgage in Henry Township pay a median of $569 (±$63) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Henry Township gone up?
In Henry Township, the median monthly cost with a mortgage went from $1,001 in 2015–2019 to $1,173 in 2020–2024 (+17.2%).
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 — Henry township, Marshall County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Henry township, Marshall County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Henry township, Marshall County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Henry township, Marshall County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Henry township, Marshall 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 Henry township, Marshall County, Illinois (county subdivision:34176, in state:17 county:123).
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 Henry Township at a glance
- Median rent in Henry Township
- Rent by bedrooms in Henry Township
- Renters and owners in Henry Township
- Income and affordability in Henry Township
- Home values in Henry Township
- Property taxes in Henry Township
- Types of homes in Henry Township
- Bedrooms in Henry Township
- Age of homes in Henry Township
- Heating fuel in Henry Township
- Commute and cars in Henry Township
- Population growth in Henry Township
- How long people stay in Henry Township
- Illinois landlord and tenant rules
- Housing across Marshall County
- Housing data for every place in Illinois