The typical owner-occupied home in Dahlgren is worth about $80,800, 69% below the Illinois median of $263,300 and 76% below the national median of $332,700. Owners pay a median $957 a year in property taxes, about 1.18% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $44,861 a year, so the median home costs 1.8 times the median income (3.2 times for Illinois). 80% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Dahlgren at a glance
| Dahlgren | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $80,800 | $263,300 | $332,700 |
| Median property tax paid per year | $957 | $5,298 | $3,119 |
| Property tax as a share of value | 1.18% | 2.01% | 0.94% |
| Median household income | $44,861 | $83,390 | $80,734 |
| Homes lived in by their owners | 80% | 67% | 65% |
| Owner homes with a mortgage | 46% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $798 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 20.6% | 21.0% |
| Median rent | $557 | $1,274 | $1,413 |
| Rent as a share of renters' income | 28.3% | 29.1% | 30.6% |
| Median year homes were built | 1960 | 1971 | 1980 |
| Vacant homes | 7.0% | 7.7% | 10.1% |
| Population | 595 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Dahlgren
At this week's average 30-year rate of 7.11%, buying the median Dahlgren home of $80,800 with 20% down costs about $548 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $683, 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 $23,484 for the 20%-down payment. That payment is 15% of the median Dahlgren household income of $44,861; at that income and 20% down, the 28% guideline points to a home of about $154,000.
The median rent here is $557 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $16,160 |
|---|---|
| Loan amount | $64,640 |
| Principal and interest | $435 |
| Property taxes (1.18% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| PMI | $0 |
| Total per month | $548 |
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| Down payment | $2,828 |
|---|---|
| Loan amount | $79,337 |
| Principal and interest | $534 |
| Property taxes (1.18% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| FHA mortgage insurance | $36 |
| Total per month | $683 |
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Questions about home buying in Dahlgren
What is the median home value in Dahlgren?
About $80,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dahlgren?
Homeowners pay a median $957 a year, which is about 1.18% 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 Dahlgren?
For the median home with 20% down at 7.11%, the payment is about $548 a month. Keeping that under 28% of gross income takes about $23,484 a year.
More about Dahlgren
- Mortgage Refinance in Dahlgren
- Debt Relief in Dahlgren
- Home Equity Loans in Dahlgren
- 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