The typical owner-occupied home in Kane County is worth about $327,000, 24% above the Illinois median of $263,300 and about the same as the national median of $332,700. Owners pay a median $7,382 a year in property taxes, about 2.26% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $103,163 a year, so the median home costs 3.2 times the median income (3.2 times for Illinois). 76% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
Kane County at a glance
| Kane County | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $327,000 | $263,300 | $332,700 |
| Median property tax paid per year | $7,382 | $5,298 | $3,119 |
| Property tax as a share of value | 2.26% | 2.01% | 0.94% |
| Median household income | $103,163 | $83,390 | $80,734 |
| Homes lived in by their owners | 76% | 67% | 65% |
| Owner homes with a mortgage | 67% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $2,256 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 21.2% | 20.6% | 21.0% |
| Median rent | $1,453 | $1,274 | $1,413 |
| Rent as a share of renters' income | 29.9% | 29.1% | 30.6% |
| Median year homes were built | 1985 | 1971 | 1980 |
| Vacant homes | 3.3% | 7.7% | 10.1% |
| Population | 517,255 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Kane County
At this week's average 30-year rate of 7.11%, buying the median Kane County home of $327,000 with 20% down costs about $2,512 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,057, 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 $107,653 for the 20%-down payment. That payment is 29% of the median Kane County household income of $103,163; at that income and 20% down, the 28% guideline points to a home of about $313,000.
The median rent here is $1,453 a month, so owning the median home costs about $1,059 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $65,400 |
|---|---|
| Loan amount | $261,600 |
| Principal and interest | $1,760 |
| Property taxes (2.26% a year) | $616 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| PMI | $0 |
| Total per month | $2,512 |
Change the numbers in the calculator
| Down payment | $11,445 |
|---|---|
| Loan amount | $321,077 |
| Principal and interest | $2,160 |
| Property taxes (2.26% a year) | $616 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| FHA mortgage insurance | $145 |
| Total per month | $3,057 |
Change the numbers in the calculator
Questions about home buying in Kane County
What is the median home value in Kane County?
About $327,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kane County?
Homeowners pay a median $7,382 a year, which is about 2.26% 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 Kane County?
For the median home with 20% down at 7.11%, the payment is about $2,512 a month. Keeping that under 28% of gross income takes about $107,653 a year.
More about Kane County
- Mortgage Refinance in Kane County
- Debt Relief in Kane County
- Home Equity Loans in Kane County
- 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