Cost of living
Owen township, Illinois
(Owen township is Located in Winnebago County)
Cost of living in Owen township, Illinois
Cost of living
compared to USA
low
Cost of living
compared to Illinois
the lowest
Median household
income
high
Is it expensive to live in Owen township, Illinois? When calculating the cost of living in Owen township, Illinois we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Owen township, Illinois is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois, while median household income in Owen township is $77,813 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois.
Taxes in Owen township, Illinois
The sales tax rate in Owen township, Illinois is 8.8%. Last year, the average property taxes paid was 3.0% Owen township, Illinois.
The state income tax in the state of Illinois is 4.95%.
Housing costs in Owen township, Illinois
The average cost of
a single-family home
compated to USA
the lowest
The average cost of
a single-family home
compated to Illinois
moderate
In Owen township, Illinois, 93.0% of the population owns their homes, while approximately 7.0% rent. The average cost of a single-family home in Owen township, Illinois in 2023 is $159,272 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois. The average one-bedroom apartment cost is approximately $748 per month.
| Rental Size | Monthly Cost | Compared to Illinois |
|---|---|---|
| 1 Bedroom | $748 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $986 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,330 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,380 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 59%
Housing units without a mortgage 41%
Housing units without a mortgage 41%
Housing units with a mortgage, contract to purchase, or similar debt 59%
Housing units with multiple mortgages 6%
Housing units with no second mortgage and no home equity loan 92%
Home equity loan without a primary mortgage 2%
Mortgage, with only second mortgage 0%
Mortgage, with only home equity loan 100%
Mortgage with both second mortgage and home equity loan 0%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Cities Near Owen township, IL
Get detailed information on cities nearest to Owen township, IL
Roscoe, IL
Location data:
Political view diversity
Median income is high
Low number of windy days (<6km/h)
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The disclosed APR is the “par” rate with NO discount points. Interest rate quoted assumes a purchase or rate-term refinance with 30 day lock pricing at 80% loan-to-value (LTV), a minimum FICO score of 760 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by the Lender. This rate is available at GenNext Mortgage partner, rates of other partners may differ. Not available in all states. Not all applicants will qualify. Rates and terms are effective on and are subject to change without notice.