The typical owner-occupied home in Capron is worth about $160,100, 39% below the Illinois median of $263,300 and 52% below the national median of $332,700. Owners pay a median $3,735 a year in property taxes, about 2.33% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $90,192 a year, so the median home costs 1.8 times the median income (3.2 times for Illinois). 78% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Capron at a glance
| Capron | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $160,100 | $263,300 | $332,700 |
| Median property tax paid per year | $3,735 | $5,298 | $3,119 |
| Property tax as a share of value | 2.33% | 2.01% | 0.94% |
| Median household income | $90,192 | $83,390 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 63% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,390 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 17.9% | 20.6% | 21.0% |
| Median rent | $900 | $1,274 | $1,413 |
| Rent as a share of renters' income | 24.4% | 29.1% | 30.6% |
| Median year homes were built | 1988 | 1971 | 1980 |
| Vacant homes | 7.4% | 7.7% | 10.1% |
| Population | 1,311 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Capron
At this week's average 30-year rate of 7.11%, buying the median Capron home of $160,100 with 20% down costs about $1,239 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,506, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $53,107 for the 20%-down payment. That payment is 16% of the median Capron household income of $90,192; at that income and 20% down, the 28% guideline points to a home of about $272,000.
The median rent here is $900 a month, so owning the median home costs about $339 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,020 |
|---|---|
| Loan amount | $128,080 |
| Principal and interest | $862 |
| Property taxes (2.33% a year) | $311 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,239 |
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| Down payment | $5,604 |
|---|---|
| Loan amount | $157,200 |
| Principal and interest | $1,058 |
| Property taxes (2.33% a year) | $311 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,506 |
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Questions about home buying in Capron
What is the median home value in Capron?
About $160,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Capron?
Homeowners pay a median $3,735 a year, which is about 2.33% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Capron?
For the median home with 20% down at 7.11%, the payment is about $1,239 a month. Keeping that under 28% of gross income takes about $53,107 a year.
More about Capron
- Mortgage Refinance in Capron
- Debt Relief in Capron
- Home Equity Loans in Capron
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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