How much do homeowners pay a month in Olive Township, IL?

Name: Homeowner costs in Olive Township, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Olive Township, IL pay a median of $1,242 (±$206) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $541 (±$144).

61.4% of owned homes carry a mortgage.

In Olive Township, the median monthly cost with a mortgage went from $1,145 in 2015–2019 to $1,242 in 2020–2024 (+8.5%).

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 November 12, 2026.

With a mortgage: $1,242 (±$206)
Without a mortgage: $541 (±$144)
Owned with a mortgage: 61.4%

Monthly owner costs in Olive Township

Median selected monthly owner costs, estimate (90% margin of error)
	Olive Township	Madison County	Illinois	United States
With a mortgage	$1,242 (±$206)	$1,511 (±$29)	$1,987 (±$6)	$1,963
Without a mortgage	$541 (±$144)	$653 (±$15)	$792 (±$4)	$638
Owned homes with a mortgage	61.4% (±8.7 points)	59.9% (±1.4 points)	60.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$1,917 (±$690)	$3,319 (±$80)	$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 Olive Township, the median cost with a mortgage is lower than in Madison County ($1,511).

It is also lower than in Illinois ($1,987).

It is lower than the national figure ($1,963).

In Madison County, Olive Township ranks 34 of 53 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1515 of 2,589.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Olive Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$1,145 (±$124)	$1,242 (±$206)	+8.5%	No measurable change after inflation
Median real estate taxes	$1,876 (±$327)	$1,917 (±$690)	+2.2%	No measurable change after inflation
Median home value	$127,900 (±$30,772)	$156,500 (±$21,362)	+22.4%	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 Olive Township

Nearest places with a published estimate, compared with Olive Township
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Olive Township	—	$1,242 (±$206)	—
Livingston	0.8 mi	$1,198 (±$203)	Not measurably different
Williamson	1.7 mi	$1,141 (±$81)	Not measurably different
Staunton Township	4.0 mi	$1,176 (±$168)	Not measurably different
Staunton	4.1 mi	$1,206 (±$147)	Not measurably different
New Douglas Township	4.2 mi	$1,375 (±$418)	Not measurably different
New Douglas	4.5 mi	$1,121 (±$84)	Not measurably different
Alhambra	5.2 mi	$1,359 (±$125)	Not measurably different
Worden	5.3 mi	$1,505 (±$212)	Not measurably different

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 Madison County, place by place

Rank	Place	Median monthly cost with a mortgage
28	Bethalto	$1,410 (±$100)
29	Collinsville	$1,409 (±$60)
30	New Douglas Township	$1,375 (±$418)
31	Alhambra	$1,359 (±$125)
32	Pontoon Beach	$1,325 (±$124)
33	Rosewood Heights	$1,311 (±$117)
34	Olive Township	$1,242 (±$206)
35	Nameoki Township	$1,238 (±$107)
36	Livingston	$1,198 (±$203)
37	Wood River Township	$1,195 (±$48)
38	Granite City	$1,177 (±$50)
39	Granite City Township	$1,163 (±$55)
40	Wood River	$1,153 (±$43)

Showing 13 of 53 places in Madison 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 Olive Township

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 Olive Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Olive Township, 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 Olive Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Olive Township

What is the average mortgage payment in Olive Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Olive Township, IL is $1,242 (±$206) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Olive Township?

Owners without a mortgage in Olive Township pay a median of $541 (±$144) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Olive Township gone up?

In Olive Township, the median monthly cost with a mortgage went from $1,145 in 2015–2019 to $1,242 in 2020–2024 (+8.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Olive township, Madison County, Illinois (county subdivision:55834, in state:17 county:119).

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.

Request a Census API 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.