The typical owner-occupied home in Saint Charles is worth about $377,400, 43% above the Illinois median of $263,300 and 13% above the national median of $332,700. Owners pay a median $8,309 a year in property taxes, about 2.20% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $114,300 a year, so the median home costs 3.3 times the median income (3.2 times for Illinois). 70% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Saint Charles at a glance
| Saint Charles | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $377,400 | $263,300 | $332,700 |
| Median property tax paid per year | $8,309 | $5,298 | $3,119 |
| Property tax as a share of value | 2.20% | 2.01% | 0.94% |
| Median household income | $114,300 | $83,390 | $80,734 |
| Homes lived in by their owners | 70% | 67% | 65% |
| Owner homes with a mortgage | 70% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $2,381 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 20.6% | 21.0% |
| Median rent | $1,819 | $1,274 | $1,413 |
| Rent as a share of renters' income | 33.3% | 29.1% | 30.6% |
| Median year homes were built | 1984 | 1971 | 1980 |
| Vacant homes | 4.8% | 7.7% | 10.1% |
| Population | 32,854 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Saint Charles
At this week's average 30-year rate of 7.11%, buying the median Saint Charles home of $377,400 with 20% down costs about $2,880 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,509, 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 $123,437 for the 20%-down payment. That payment is 30% of the median Saint Charles household income of $114,300; at that income and 20% down, the 28% guideline points to a home of about $349,000.
The median rent here is $1,819 a month, so owning the median home costs about $1,061 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $75,480 |
|---|---|
| Loan amount | $301,920 |
| Principal and interest | $2,031 |
| Property taxes (2.20% a year) | $692 |
| Homeowners insurance (our estimate, 0.5% a year) | $157 |
| PMI | $0 |
| Total per month | $2,880 |
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| Down payment | $13,209 |
|---|---|
| Loan amount | $370,564 |
| Principal and interest | $2,493 |
| Property taxes (2.20% a year) | $692 |
| Homeowners insurance (our estimate, 0.5% a year) | $157 |
| FHA mortgage insurance | $167 |
| Total per month | $3,509 |
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Questions about home buying in Saint Charles
What is the median home value in Saint Charles?
About $377,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Charles?
Homeowners pay a median $8,309 a year, which is about 2.20% 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 Saint Charles?
For the median home with 20% down at 7.11%, the payment is about $2,880 a month. Keeping that under 28% of gross income takes about $123,437 a year.
More about Saint Charles
- Mortgage Refinance in Saint Charles
- Debt Relief in Saint Charles
- Home Equity Loans in Saint Charles
- 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