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Buying a home in Buckley, Illinois

The typical owner-occupied home in Buckley is worth about $96,800, 63% below the Illinois median of $263,300 and 71% below the national median of $332,700. Owners pay a median $1,990 a year in property taxes, about 2.06% of their home's value, close to the Illinois rate of 2.01%. The median household earns $53,500 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 36% of those owners still have a mortgage.

Buckley at a glance

Buckley Illinois U.S.
Median home value $96,800 $263,300 $332,700
Median property tax paid per year $1,990 $5,298 $3,119
Property tax as a share of value 2.06% 2.01% 0.94%
Median household income $53,500 $83,390 $80,734
Homes lived in by their owners 80% 67% 65%
Owner homes with a mortgage 36% 61% 61%
Median monthly costs, owners with a mortgage $1,048 $1,987 $1,963
Those costs as a share of the owners' income 23.1% 20.6% 21.0%
Median rent $838 $1,274 $1,413
Rent as a share of renters' income 51.0% 29.1% 30.6%
Median year homes were built 1953 1971 1980
Vacant homes 4.4% 7.7% 10.1%
Population 422 12,694,798 334,922,499

What a typical home costs per month in Buckley

At this week's average 30-year rate of 7.11%, buying the median Buckley home of $96,800 with 20% down costs about $727 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $889, 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 $31,176 for the 20%-down payment. That payment is 16% of the median Buckley household income of $53,500; at that income and 20% down, the 28% guideline points to a home of about $166,000.

The median rent here is $838 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$19,360
Loan amount$77,440
Principal and interest$521
Property taxes (2.06% a year)$166
Homeowners insurance (our estimate, 0.5% a year)$40
PMI$0
Total per month$727

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3.5% down, 30-year FHA loan
Down payment$3,388
Loan amount$95,047
Principal and interest$639
Property taxes (2.06% a year)$166
Homeowners insurance (our estimate, 0.5% a year)$40
FHA mortgage insurance$43
Total per month$889

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Questions about home buying in Buckley

What is the median home value in Buckley?

About $96,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Buckley?

Homeowners pay a median $1,990 a year, which is about 2.06% 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 Buckley?

For the median home with 20% down at 7.11%, the payment is about $727 a month. Keeping that under 28% of gross income takes about $31,176 a year.

More about Buckley

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