How much do homeowners pay a month in Indian Point Township, IL?
Homeowners with a mortgage in Indian Point Township, IL pay a median of $953 (±$35) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $463 (±$55).
53.6% of owned homes carry a mortgage.
In Indian Point Township, the median monthly cost with a mortgage went from $668 in 2015–2019 to $953 in 2020–2024 (+42.7%).
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
- $953 (±$35)
- Without a mortgage
- $463 (±$55)
- Owned with a mortgage
- 53.6%
Monthly owner costs in Indian Point Township
| Indian Point Township | Knox County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $953 (±$35) | $1,177 (±$41) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $463 (±$55) | $545 (±$24) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 53.6% (±12.3 points) | 48.5% (±2.4 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,421 (±$824) | $2,190 (±$123) | $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 Indian Point Township, the median cost with a mortgage is lower than in Knox County ($1,177).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Knox County, Indian Point Township ranks 29 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 2369 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Indian Point Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $668 (±$97) | $953 (±$35) | +42.7% | Up after inflation |
| Median real estate taxes | $887 (±$199) | $1,421 (±$824) | +60.2% | No measurable change after inflation |
| Median home value | $49,600 (±$8,914) | $79,700 (±$18,651) | +60.7% | 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 Indian Point Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Indian Point Township | — | $953 (±$35) | — |
| Abingdon | 2.7 mi | $935 (±$57) | Not measurably different |
| St. Augustine | 3.1 mi | $817 (±$189) | Not measurably different |
| Cedar Township | 5.2 mi | $1,235 (±$195) | Higher |
| Chestnut Township | 5.6 mi | $688 (±$93) | Lower |
| Union Township (Fulton County) | 7.0 mi | $936 (±$51) | Not measurably different |
| Avon | 7.5 mi | $926 (±$52) | Not measurably different |
| London Mills | 7.6 mi | $1,331 (±$182) | Higher |
| Greenbush Township | 7.7 mi | $1,452 (±$562) | Not measurably different |
Nearby places with a measurably lower figure: Chestnut Township, IL ($688).
Nearby places with a measurably higher figure: Cedar Township, IL ($1,235), London Mills, IL ($1,331).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Knox County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 23 | Salem Township (Knox County) | $1,042 (±$252) |
| 24 | Rio Township | $1,031 (±$350) |
| 25 | Sparta Township | $1,005 (±$144) |
| 26 | Victoria | $988 (±$87) |
| 27 | Yates City | $975 (±$162) |
| 28 | Wataga | $969 (±$185) |
| 29 | Indian Point Township | $953 (±$35) |
| 30 | Maquon | $950 (±$205) |
| 31 | Abingdon | $935 (±$57) |
| 32 | St. Augustine | $817 (±$189) |
| 33 | Haw Creek Township | $700 (±$200) |
| 34 | Chestnut Township | $688 (±$93) |
Showing 12 of 34 places in Knox 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 Indian Point Township
What is the average mortgage payment in Indian Point Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Indian Point Township, IL is $953 (±$35) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Indian Point Township?
Owners without a mortgage in Indian Point Township pay a median of $463 (±$55) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Indian Point Township gone up?
In Indian Point Township, the median monthly cost with a mortgage went from $668 in 2015–2019 to $953 in 2020–2024 (+42.7%).
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 — Indian Point township, Knox County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Indian Point township, Knox 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 Indian Point township, Knox County, Illinois (county subdivision:37361, in state:17 county:095).
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 Indian Point Township at a glance
- Median rent in Indian Point Township
- Renters and owners in Indian Point Township
- Income and affordability in Indian Point Township
- Home values in Indian Point Township
- Types of homes in Indian Point Township
- Bedrooms in Indian Point Township
- Age of homes in Indian Point Township
- Heating fuel in Indian Point Township
- Population growth in Indian Point Township
- Illinois landlord and tenant rules
- Housing across Knox County
- Housing data for every place in Illinois