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Buying a home in Huey, Illinois

The typical owner-occupied home in Huey is worth about $83,000, 68% below the Illinois median of $263,300 and 75% below the national median of $332,700. Owners pay a median $1,281 a year in property taxes, about 1.54% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $43,500 a year, so the median home costs 1.9 times the median income (3.2 times for Illinois). 85% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.

Huey at a glance

Huey Illinois U.S.
Median home value $83,000 $263,300 $332,700
Median property tax paid per year $1,281 $5,298 $3,119
Property tax as a share of value 1.54% 2.01% 0.94%
Median household income $43,500 $83,390 $80,734
Homes lived in by their owners 85% 67% 65%
Owner homes with a mortgage 32% 61% 61%
Median monthly costs, owners with a mortgage $1,094 $1,987 $1,963
Those costs as a share of the owners' income 18.1% 20.6% 21.0%
Median rent – $1,274 $1,413
Median year homes were built 1975 1971 1980
Vacant homes 7.7% 7.7% 10.1%
Population 109 12,694,798 334,922,499

What a typical home costs per month in Huey

At this week's average 30-year rate of 7.11%, buying the median Huey home of $83,000 with 20% down costs about $588 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $726, 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 $25,191 for the 20%-down payment. That payment is 16% of the median Huey household income of $43,500; at that income and 20% down, the 28% guideline points to a home of about $143,000.

20% down, 30-year conventional loan
Down payment$16,600
Loan amount$66,400
Principal and interest$447
Property taxes (1.54% a year)$107
Homeowners insurance (our estimate, 0.5% a year)$35
PMI$0
Total per month$588

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3.5% down, 30-year FHA loan
Down payment$2,905
Loan amount$81,497
Principal and interest$548
Property taxes (1.54% a year)$107
Homeowners insurance (our estimate, 0.5% a year)$35
FHA mortgage insurance$37
Total per month$726

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Questions about home buying in Huey

What is the median home value in Huey?

About $83,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Huey?

Homeowners pay a median $1,281 a year, which is about 1.54% 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 Huey?

For the median home with 20% down at 7.11%, the payment is about $588 a month. Keeping that under 28% of gross income takes about $25,191 a year.

More about Huey

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