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Debt relief in East Carondelet, Illinois

The typical owner-occupied home in East Carondelet is worth about $58,600, 78% below the Illinois median of $263,300 and 82% below the national median of $332,700. Owners pay a median $1,625 a year in property taxes, about 2.77% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $67,500 a year, so the median home costs 0.9 times the median income (3.2 times for Illinois). 71% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.

East Carondelet at a glance

East Carondelet Illinois U.S.
Median home value $58,600 $263,300 $332,700
Median property tax paid per year $1,625 $5,298 $3,119
Property tax as a share of value 2.77% 2.01% 0.94%
Median household income $67,500 $83,390 $80,734
Homes lived in by their owners 71% 67% 65%
Owner homes with a mortgage 39% 61% 61%
Median monthly costs, owners with a mortgage $1,139 $1,987 $1,963
Those costs as a share of the owners' income 13.5% 20.6% 21.0%
Median rent $1,116 $1,274 $1,413
Rent as a share of renters' income 20.4% 29.1% 30.6%
Median year homes were built 1971 1971 1980
Vacant homes 42.2% 7.7% 10.1%
People below the poverty line 11.2% 11.8% 12.5%
Population 233 12,694,798 334,922,499

Household budgets and debt in East Carondelet

In East Carondelet, the typical owner with a mortgage spends 13.5% of household income on housing and the typical renter spends 20.4%. Above 30% is generally considered cost-burdened, which leaves less room for other debts.

11.2% of residents live below the federal poverty line, compared with 11.8% in Illinois.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median East Carondelet home worth $58,600 and 61% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in East Carondelet

What is the median home value in East Carondelet?

About $58,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in East Carondelet?

Homeowners pay a median $1,625 a year, which is about 2.77% of the median home value. Your bill depends on your home's assessed value and local rates.

How much of their income do East Carondelet households spend on housing?

With a median household income of $67,500, owners with a mortgage spend a median 13.5% on housing and renters 20.4%.

More about East Carondelet

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data