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Buying a home in Triumph, Illinois

The typical owner-occupied home in Triumph is worth about $108,600, 59% below the Illinois median of $263,300 and 67% below the national median of $332,700. Owners pay a median $1,828 a year in property taxes, about 1.68% of their home's value, lower than the Illinois rate of 2.01%. 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.

Triumph at a glance

Triumph Illinois U.S.
Median home value $108,600 $263,300 $332,700
Median property tax paid per year $1,828 $5,298 $3,119
Property tax as a share of value 1.68% 2.01% 0.94%
Median household income – $83,390 $80,734
Homes lived in by their owners 100% 67% 65%
Owner homes with a mortgage 0% 61% 61%
Median monthly costs, owners with a mortgage – $1,987 $1,963
Median rent – $1,274 $1,413
Median year homes were built 1947 1971 1980
Vacant homes 0.0% 7.7% 10.1%
Population 83 12,694,798 334,922,499

What a typical home costs per month in Triumph

At this week's average 30-year rate of 7.11%, buying the median Triumph home of $108,600 with 20% down costs about $782 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $963, 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 $33,503 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$21,720
Loan amount$86,880
Principal and interest$584
Property taxes (1.68% a year)$152
Homeowners insurance (our estimate, 0.5% a year)$45
PMI$0
Total per month$782

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3.5% down, 30-year FHA loan
Down payment$3,801
Loan amount$106,633
Principal and interest$717
Property taxes (1.68% a year)$152
Homeowners insurance (our estimate, 0.5% a year)$45
FHA mortgage insurance$48
Total per month$963

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Questions about home buying in Triumph

What is the median home value in Triumph?

About $108,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Triumph?

Homeowners pay a median $1,828 a year, which is about 1.68% 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 Triumph?

For the median home with 20% down at 7.11%, the payment is about $782 a month. Keeping that under 28% of gross income takes about $33,503 a year.

More about Triumph

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