The typical owner-occupied home in Roselle is worth about $344,700, 31% above the Illinois median of $263,300 and 4% above the national median of $332,700. Owners pay a median $7,008 a year in property taxes, about 2.03% of their home's value, close to the Illinois rate of 2.01%. The median household earns $111,318 a year, so the median home costs 3.1 times the median income (3.2 times for Illinois). 78% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Roselle at a glance
| Roselle | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $344,700 | $263,300 | $332,700 |
| Median property tax paid per year | $7,008 | $5,298 | $3,119 |
| Property tax as a share of value | 2.03% | 2.01% | 0.94% |
| Median household income | $111,318 | $83,390 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 69% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $2,349 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 20.6% | 21.0% |
| Median rent | $1,641 | $1,274 | $1,413 |
| Rent as a share of renters' income | 25.9% | 29.1% | 30.6% |
| Median year homes were built | 1977 | 1971 | 1980 |
| Vacant homes | 3.3% | 7.7% | 10.1% |
| Population | 22,752 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Roselle
At this week's average 30-year rate of 7.11%, buying the median Roselle home of $344,700 with 20% down costs about $2,582 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,156, 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 $110,649 for the 20%-down payment. That payment is 28% of the median Roselle household income of $111,318; at that income and 20% down, the 28% guideline points to a home of about $347,000.
The median rent here is $1,641 a month, so owning the median home costs about $941 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $68,940 |
|---|---|
| Loan amount | $275,760 |
| Principal and interest | $1,855 |
| Property taxes (2.03% a year) | $583 |
| Homeowners insurance (our estimate, 0.5% a year) | $144 |
| PMI | $0 |
| Total per month | $2,582 |
Change the numbers in the calculator
| Down payment | $12,064 |
|---|---|
| Loan amount | $338,457 |
| Principal and interest | $2,277 |
| Property taxes (2.03% a year) | $583 |
| Homeowners insurance (our estimate, 0.5% a year) | $144 |
| FHA mortgage insurance | $152 |
| Total per month | $3,156 |
Change the numbers in the calculator
Questions about home buying in Roselle
What is the median home value in Roselle?
About $344,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Roselle?
Homeowners pay a median $7,008 a year, which is about 2.03% 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 Roselle?
For the median home with 20% down at 7.11%, the payment is about $2,582 a month. Keeping that under 28% of gross income takes about $110,649 a year.
More about Roselle
- Mortgage Refinance in Roselle
- Debt Relief in Roselle
- Home Equity Loans in Roselle
- 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