How much do homeowners pay a month in Princeton Township, IL?
Homeowners with a mortgage in Princeton Township, IL pay a median of $1,211 (±$61) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $570 (±$34).
58.0% of owned homes carry a mortgage.
In Princeton Township, the median monthly cost with a mortgage went from $1,164 in 2015–2019 to $1,211 in 2020–2024 (+4.0%).
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
- $1,211 (±$61)
- Without a mortgage
- $570 (±$34)
- Owned with a mortgage
- 58.0%
Monthly owner costs in Princeton Township
| Princeton Township | Bureau County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,211 (±$61) | $1,234 (±$39) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $570 (±$34) | $591 (±$16) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 58.0% (±4.9 points) | 53.5% (±2.1 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,732 (±$305) | $2,548 (±$100) | $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 Princeton Township, the median cost with a mortgage is not measurably different from Bureau County ($1,234).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Bureau County, Princeton Township ranks 15 of 43 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1594 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Princeton Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,164 (±$52) | $1,211 (±$61) | +4.0% | Down after inflation |
| Median real estate taxes | $2,739 (±$141) | $2,732 (±$305) | −0.3% | Down after inflation |
| Median home value | $132,900 (±$8,649) | $143,700 (±$13,092) | +8.1% | Down 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 Princeton Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Princeton Township | — | $1,211 (±$61) | — |
| Princeton | 1.3 mi | $1,161 (±$57) | Not measurably different |
| Arispie Township | 5.4 mi | $1,342 (±$406) | Not measurably different |
| Dover | 5.6 mi | $1,101 (±$73) | Lower |
| Tiskilwa | 5.7 mi | $1,030 (±$128) | Lower |
| Selby Township | 5.8 mi | $1,143 (±$113) | Not measurably different |
| Malden | 6.0 mi | $1,097 (±$111) | Not measurably different |
| Dover Township | 6.0 mi | $1,095 (±$81) | Lower |
| Wyanet Township | 6.2 mi | $1,219 (±$192) | Not measurably different |
Nearby places with a measurably lower figure: Dover, IL ($1,101), Tiskilwa, IL ($1,030), Dover Township, IL ($1,095).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Bureau County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 9 | Indiantown Township | $1,296 (±$160) |
| 10 | Manlius Township (Bureau County) | $1,259 (±$146) |
| 11 (tie) | Sheffield | $1,229 (±$105) |
| 11 (tie) | Wyanet | $1,229 (±$188) |
| 13 | Milo Township | $1,221 (±$1,039) |
| 14 | Wyanet Township | $1,219 (±$192) |
| 15 | Princeton Township | $1,211 (±$61) |
| 16 | Westfield Township (Bureau County) | $1,204 (±$366) |
| 17 | Neponset Township | $1,203 (±$149) |
| 18 | Berlin Township | $1,198 (±$125) |
| 19 | Concord Township (Bureau County) | $1,170 (±$95) |
| 20 | La Moille Township | $1,169 (±$204) |
| 21 | Princeton | $1,161 (±$57) |
Showing 13 of 43 places in Bureau 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 Princeton Township
What is the average mortgage payment in Princeton Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Princeton Township, IL is $1,211 (±$61) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Princeton Township?
Owners without a mortgage in Princeton Township pay a median of $570 (±$34) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Princeton Township gone up?
In Princeton Township, the median monthly cost with a mortgage went from $1,164 in 2015–2019 to $1,211 in 2020–2024 (+4.0%).
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 — Princeton township, Bureau County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Princeton township, Bureau County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Princeton township, Bureau County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Princeton township, Bureau County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Princeton township, Bureau 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 Princeton township, Bureau County, Illinois (county subdivision:61912, in state:17 county:011).
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 Princeton Township at a glance
- Median rent in Princeton Township
- Rent by bedrooms in Princeton Township
- Rent burden in Princeton Township
- Renters and owners in Princeton Township
- Income and affordability in Princeton Township
- Home values in Princeton Township
- Property taxes in Princeton Township
- Types of homes in Princeton Township
- Bedrooms in Princeton Township
- Age of homes in Princeton Township
- Heating fuel in Princeton Township
- Commute and cars in Princeton Township
- Population growth in Princeton Township
- How long people stay in Princeton Township
- Crowding and facilities in Princeton Township
- Illinois landlord and tenant rules
- Housing across Bureau County
- Housing data for every place in Illinois