How much do homeowners pay a month in Long Grove, IL?
Homeowners with a mortgage in Long Grove, 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.
59.9% 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
- 59.9%
Monthly owner costs in Long Grove
| Long Grove | Lake County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $4,000 or more | $2,503 (±$39) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $1,500 or more | $1,088 (±$17) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 59.9% (±6.8 points) | 63.9% (±0.7 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $8,923 (±$108) | $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 Long Grove have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $648,700 (±$20,027) | $804,600 (±$50,264) | +24.0% | 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 Long Grove
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Long Grove | — | $4,000 or more | — |
| Kildeer | 2.2 mi | $4,000 or more | — |
| Forest Lake | 2.4 mi | $2,075 (±$747) | — |
| Ela Township | 2.6 mi | $3,316 (±$114) | — |
| Indian Creek | 2.8 mi | $3,146 (±$212) | — |
| Buffalo Grove | 3.2 mi | $2,839 (±$128) | — |
| Vernon Township | 3.4 mi | $3,277 (±$72) | — |
| Vernon Hills | 3.7 mi | $2,824 (±$104) | — |
| Lake Zurich | 3.9 mi | $2,749 (±$88) | — |
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 Lake County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Bannockburn | $4,000 or more |
| 1 (tie) | Kildeer | $4,000 or more |
| 1 (tie) | Lake Forest | $4,000 or more |
| 1 (tie) | Long Grove | $4,000 or more |
| 1 (tie) | Mettawa | $4,000 or more |
| 1 (tie) | Riverwoods | $4,000 or more |
| 1 (tie) | West Deerfield Township | $4,000 or more |
| 8 | North Barrington | $3,984 (±$244) |
| 9 | Lincolnshire | $3,927 (±$330) |
| 10 | Hawthorn Woods | $3,923 (±$245) |
Showing 10 of 70 places in Lake 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.
What you can do on Seayora in Long Grove
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Long Grove beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Long Grove, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Long Grove, and send estimates and invoices from your phone.
Questions about Long Grove
What is the average mortgage payment in Long Grove?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Long Grove, 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 Long Grove?
Owners without a mortgage in Long Grove pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Long Grove village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Long Grove village, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Long Grove village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Long Grove village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Long Grove village, 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 Long Grove village, Illinois (place:44524, 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.
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 Long Grove at a glance
- Income and affordability in Long Grove
- Home values in Long Grove
- Property taxes in Long Grove
- Types of homes in Long Grove
- Age of homes in Long Grove
- Heating fuel in Long Grove
- Commute and cars in Long Grove
- Population growth in Long Grove
- How long people stay in Long Grove
- Crowding and facilities in Long Grove
- Fair Market Rent in Long Grove
- Illinois landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Illinois