How much do homeowners pay a month in Locust Township, IL?
Homeowners with a mortgage in Locust Township, IL pay a median of $1,668 (±$195) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $597 (±$318).
35.6% of owned homes carry a mortgage.
In Locust Township, the median monthly cost with a mortgage went from $893 in 2015–2019 to $1,668 in 2020–2024 (+86.8%).
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
- $1,668 (±$195)
- Without a mortgage
- $597 (±$318)
- Owned with a mortgage
- 35.6%
Monthly owner costs in Locust Township
| Locust Township | Christian County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,668 (±$195) | $1,200 (±$47) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $597 (±$318) | $535 (±$21) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 35.6% (±15.2 points) | 52.4% (±3.0 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,960 (±$1,842) | $1,891 (±$103) | $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 Locust Township, the median cost with a mortgage is higher than in Christian County ($1,200).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Christian County, Locust Township ranks 4 of 29 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 744 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Locust Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $893 (±$324) | $1,668 (±$195) | +86.8% | Up after inflation |
| Median real estate taxes | $2,380 (±$1,419) | $1,960 (±$1,842) | −17.6% | No measurable change after inflation |
| Median home value | $111,500 (±$48,928) | $151,800 (±$68,714) | +36.1% | 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 Locust Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Locust Township | — | $1,668 (±$195) | — |
| Owaneco | 0.3 mi | $989 (±$420) | Lower |
| Rosamond Township | 5.9 mi | $1,625 (±$865) | Not measurably different |
| May Township (Christian County) | 5.9 mi | $1,807 (±$114) | Not measurably different |
| Assumption Township | 6.4 mi | $871 (±$107) | Lower |
| Johnson Township (Christian County) | 6.6 mi | $1,834 (±$159) | Not measurably different |
| Pana Township | 7.4 mi | $1,110 (±$101) | Lower |
| Pana | 7.9 mi | $1,015 (±$88) | Lower |
| Assumption | 8.1 mi | $850 (±$100) | Lower |
Nearby places with a measurably lower figure: Owaneco, IL ($989), Assumption Township, IL ($871), Pana Township, IL ($1,110).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Christian County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Prairieton Township | $2,300 (±$524) |
| 2 | Johnson Township (Christian County) | $1,834 (±$159) |
| 3 | May Township (Christian County) | $1,807 (±$114) |
| 4 | Locust Township | $1,668 (±$195) |
| 5 | Rosamond Township | $1,625 (±$865) |
| 6 | Mosquito Township | $1,500 (±$328) |
| 7 | Bear Creek Township (Christian County) | $1,359 (±$510) |
| 8 | Buckhart Township | $1,306 (±$174) |
| 9 | Ricks Township | $1,225 (±$362) |
| 10 | Stonington Township | $1,178 (±$133) |
Showing 10 of 29 places in Christian 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 Locust Township
What is the average mortgage payment in Locust Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Locust Township, IL is $1,668 (±$195) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Locust Township?
Owners without a mortgage in Locust Township pay a median of $597 (±$318) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Locust Township gone up?
In Locust Township, the median monthly cost with a mortgage went from $893 in 2015–2019 to $1,668 in 2020–2024 (+86.8%).
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 — Locust township, Christian County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Locust township, Christian County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Locust township, Christian County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Locust township, Christian County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Locust township, Christian 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 Locust township, Christian County, Illinois (county subdivision:44251, in state:17 county:021).
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 Locust Township at a glance
- Income and affordability in Locust Township
- Home values in Locust Township
- Types of homes in Locust Township
- Bedrooms in Locust Township
- Age of homes in Locust Township
- Heating fuel in Locust Township
- Commute and cars in Locust Township
- Population growth in Locust Township
- Illinois landlord and tenant rules
- Housing across Christian County
- Housing data for every place in Illinois