How much do homeowners pay a month in Newman Township, IL?
Homeowners with a mortgage in Newman Township, IL pay a median of $963 (±$59) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $579 (±$114).
39.9% of owned homes carry a mortgage.
In Newman Township, the median monthly cost with a mortgage went from $860 in 2015–2019 to $963 in 2020–2024 (+12.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $963 (±$59)
- Without a mortgage
- $579 (±$114)
- Owned with a mortgage
- 39.9%
Monthly owner costs in Newman Township
| Newman Township | Douglas County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $963 (±$59) | $1,305 (±$66) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $579 (±$114) | $526 (±$38) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 39.9% (±8.3 points) | 55.3% (±3.2 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,758 (±$329) | $2,554 (±$131) | $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 Newman Township, the median cost with a mortgage is lower than in Douglas County ($1,305).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Douglas County, Newman Township ranks 15 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 2347 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Newman Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $860 (±$28) | $963 (±$59) | +12.0% | Down after inflation |
| Median real estate taxes | $1,000 (±$152) | $1,758 (±$329) | +75.8% | Up after inflation |
| Median home value | $67,400 (±$9,063) | $111,400 (±$12,798) | +65.3% | Up 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 Newman Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Newman Township | — | $963 (±$59) | — |
| Newman | 2.3 mi | $931 (±$71) | Not measurably different |
| Murdock Township | 4.1 mi | $1,438 (±$206) | Higher |
| Longview | 5.2 mi | $1,125 (±$372) | Not measurably different |
| Broadlands | 5.5 mi | $1,175 (±$130) | Higher |
| Ayers Township | 6.7 mi | $1,190 (±$101) | Higher |
| Allerton | 7.0 mi | $1,269 (±$286) | Higher |
| Raymond Township (Champaign County) | 7.4 mi | $1,125 (±$372) | Not measurably different |
| Hume | 7.4 mi | $888 (±$94) | Not measurably different |
Nearby places with a measurably higher figure: Murdock Township, IL ($1,438), Broadlands, IL ($1,175), Ayers Township, IL ($1,190).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Douglas County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 9 | Camargo | $1,257 (±$128) |
| 10 | Villa Grove | $1,228 (±$116) |
| 11 | Arcola Township | $1,216 (±$95) |
| 12 | Arcola | $1,181 (±$76) |
| 13 | Arthur | $1,180 (±$85) |
| 14 | Bowdre Township | $1,176 (±$384) |
| 15 | Newman Township | $963 (±$59) |
| 16 | Newman | $931 (±$71) |
| 17 | Hindsboro | $845 (±$106) |
Showing 9 of 17 places in Douglas 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 Newman Township
What is the average mortgage payment in Newman Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Newman Township, IL is $963 (±$59) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Newman Township?
Owners without a mortgage in Newman Township pay a median of $579 (±$114) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Newman Township gone up?
In Newman Township, the median monthly cost with a mortgage went from $860 in 2015–2019 to $963 in 2020–2024 (+12.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newman township, Douglas County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Newman township, Douglas County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Newman township, Douglas County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Newman township, Douglas County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Newman township, Douglas 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 Newman township, Douglas County, Illinois (county subdivision:52636, in state:17 county:041).
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 Newman Township at a glance
- Renters and owners in Newman Township
- Income and affordability in Newman Township
- Home values in Newman Township
- Property taxes in Newman Township
- Types of homes in Newman Township
- Bedrooms in Newman Township
- Age of homes in Newman Township
- Heating fuel in Newman Township
- Commute and cars in Newman Township
- Population growth in Newman Township
- How long people stay in Newman Township
- Illinois landlord and tenant rules
- Housing across Douglas County
- Housing data for every place in Illinois