How much do homeowners pay a month in Ramsey Township, IL?
Homeowners with a mortgage in Ramsey Township, IL pay a median of $1,109 (±$217) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $381 (±$62).
51.0% of owned homes carry a mortgage.
In Ramsey Township, the median monthly cost with a mortgage went from $844 in 2015–2019 to $1,109 in 2020–2024 (+31.4%).
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 .
- With a mortgage
- $1,109 (±$217)
- Without a mortgage
- $381 (±$62)
- Owned with a mortgage
- 51.0%
Monthly owner costs in Ramsey Township
| Ramsey Township | Fayette County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,109 (±$217) | $1,192 (±$78) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $381 (±$62) | $500 (±$34) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 51.0% (±9.0 points) | 45.7% (±3.4 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,393 (±$242) | $1,894 (±$136) | $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 Ramsey Township, the median cost with a mortgage is not measurably different from Fayette County ($1,192).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Fayette County, Ramsey Township ranks 11 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1974 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Ramsey Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $844 (±$129) | $1,109 (±$217) | +31.4% | No measurable change after inflation |
| Median real estate taxes | $1,412 (±$336) | $1,393 (±$242) | −1.3% | No measurable change after inflation |
| Median home value | $67,600 (±$11,347) | $71,300 (±$17,733) | +5.5% | 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 Ramsey Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Ramsey Township | — | $1,109 (±$217) | — |
| Ramsey | 1.1 mi | $993 (±$116) | Not measurably different |
| Carson Township | 4.8 mi | $1,190 (±$566) | Not measurably different |
| Sharon Township | 6.9 mi | $1,673 (±$428) | Higher |
| Herrick | 7.4 mi | $919 (±$247) | Not measurably different |
| Bowling Green Township | 8.4 mi | $1,042 (±$755) | Not measurably different |
| Herrick Township | 8.8 mi | $975 (±$287) | Not measurably different |
| Oconee Township | 8.8 mi | $1,217 (±$506) | Not measurably different |
| Sefton Township | 8.9 mi | $1,622 (±$28) | Higher |
Nearby places with a measurably higher figure: Sharon Township, IL ($1,673), Sefton Township, IL ($1,622).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Fayette County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Seminary Township | $1,525 (±$1,510) |
| 6 | Loudon Township | $1,379 (±$89) |
| 7 | Pope Township | $1,266 (±$691) |
| 8 | Lone Grove Township | $1,201 (±$216) |
| 9 | Carson Township | $1,190 (±$566) |
| 10 | Kaskaskia Township | $1,167 (±$522) |
| 11 | Ramsey Township | $1,109 (±$217) |
| 12 | Vandalia Township | $1,063 (±$124) |
| 13 | Avena Township | $1,053 (±$133) |
| 14 | Bowling Green Township | $1,042 (±$755) |
| 15 | Otego Township | $1,010 (±$104) |
| 16 | Vandalia | $1,006 (±$131) |
| 17 | Ramsey | $993 (±$116) |
Showing 13 of 22 places in Fayette 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 Ramsey Township
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Questions about Ramsey Township
What is the average mortgage payment in Ramsey Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Ramsey Township, IL is $1,109 (±$217) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Ramsey Township?
Owners without a mortgage in Ramsey Township pay a median of $381 (±$62) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Ramsey Township gone up?
In Ramsey Township, the median monthly cost with a mortgage went from $844 in 2015–2019 to $1,109 in 2020–2024 (+31.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ramsey township, Fayette County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Ramsey township, Fayette County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Ramsey township, Fayette County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Ramsey township, Fayette County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ramsey township, Fayette 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 Ramsey township, Fayette County, Illinois (county subdivision:62640, in state:17 county:051).
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 Ramsey Township at a glance
- Renters and owners in Ramsey Township
- Income and affordability in Ramsey Township
- Home values in Ramsey Township
- Property taxes in Ramsey Township
- Types of homes in Ramsey Township
- Bedrooms in Ramsey Township
- Age of homes in Ramsey Township
- Heating fuel in Ramsey Township
- Commute and cars in Ramsey Township
- Population growth in Ramsey Township
- How long people stay in Ramsey Township
- Illinois landlord and tenant rules
- Housing across Fayette County
- Housing data for every place in Illinois