Cost of living
Loudon township, Illinois
(Loudon township is Located in Fayette County)
Cost of living in Loudon township, Illinois
Cost of living
compared to USA
low
Cost of living
compared to Illinois
the lowest
Median household
income
low
Is it expensive to live in Loudon township, Illinois? When calculating the cost of living in Loudon 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 Loudon 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 Loudon township is $46,938 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois.
Taxes in Loudon township, Illinois
The sales tax rate in Loudon township, Illinois is 7.5%. Last year, the average property taxes paid was 1.7% Loudon township, Illinois.
The state income tax in the state of Illinois is 4.95%.
Housing costs in Loudon 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
low
In Loudon township, Illinois, 87.0% of the population owns their homes, while approximately 13.0% rent. The average cost of a single-family home in Loudon township, Illinois in 2023 is $149,565 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 lowAnalytics 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 $[no data] per month.
Rental Size | Monthly Cost | Compared to Illinois |
---|---|---|
1 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $[no data] | [no data]Analytics 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 38%
Housing units without a mortgage 62%
Housing units without a mortgage 62%
Housing units with a mortgage, contract to purchase, or similar debt 38%
Housing units with multiple mortgages 4%
Housing units with no second mortgage and no home equity loan 91%
Home equity loan without a primary mortgage 5%
Mortgage, with only second mortgage 100%
Mortgage, with only home equity loan 0%
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
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