The typical owner-occupied home in Kenilworth is worth about $1,560,300, 5.9 times the Illinois median of $263,300 and 4.7 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.64% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $250,001 a year, so the median home costs 6.2 times the median income (3.2 times for Illinois). 98% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Kenilworth at a glance
| Kenilworth | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $1,560,300 | $263,300 | $332,700 |
| Median property tax paid per year | $10,001 | $5,298 | $3,119 |
| Property tax as a share of value | 0.64% | 2.01% | 0.94% |
| Median household income | $250,001 | $83,390 | $80,734 |
| Homes lived in by their owners | 98% | 67% | 65% |
| Owner homes with a mortgage | 66% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Rent as a share of renters' income | 35.0% | 29.1% | 30.6% |
| Median year homes were built | 1938 | 1971 | 1980 |
| Vacant homes | 5.3% | 7.7% | 10.1% |
| Population | 2,503 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Kenilworth
At this week's average 30-year rate of 7.11%, buying the median Kenilworth home of $1,560,300 with 20% down costs about $9,879 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $12,729, 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 $423,398 for the 20%-down payment. That payment is 47% of the median Kenilworth household income of $250,001; at that income and 20% down, the 28% guideline points to a home of about $921,000.
| Down payment | $312,060 |
|---|---|
| Loan amount | $1,248,240 |
| Principal and interest | $8,397 |
| Property taxes (0.64% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $650 |
| PMI | $0 |
| Total per month | $9,879 |
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| Down payment | $54,610 |
|---|---|
| Loan amount | $1,532,039 |
| Principal and interest | $10,306 |
| Property taxes (0.64% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $650 |
| FHA mortgage insurance | $941 |
| Total per month | $12,729 |
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Questions about home buying in Kenilworth
What is the median home value in Kenilworth?
About $1,560,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kenilworth?
Homeowners pay a median $10,001 a year, which is about 0.64% 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 Kenilworth?
For the median home with 20% down at 7.11%, the payment is about $9,879 a month. Keeping that under 28% of gross income takes about $423,398 a year.
More about Kenilworth
- Mortgage Refinance in Kenilworth
- Debt Relief in Kenilworth
- Home Equity Loans in Kenilworth
- 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