The typical owner-occupied home in Carlinville is worth about $105,700, 60% below the Illinois median of $263,300 and 68% below the national median of $332,700. Owners pay a median $2,047 a year in property taxes, about 1.94% of their home's value, close to the Illinois rate of 2.01%. The median household earns $57,708 a year, so the median home costs 1.8 times the median income (3.2 times for Illinois). 64% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Carlinville at a glance
| Carlinville | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $105,700 | $263,300 | $332,700 |
| Median property tax paid per year | $2,047 | $5,298 | $3,119 |
| Property tax as a share of value | 1.94% | 2.01% | 0.94% |
| Median household income | $57,708 | $83,390 | $80,734 |
| Homes lived in by their owners | 64% | 67% | 65% |
| Owner homes with a mortgage | 49% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,213 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 15.0% | 20.6% | 21.0% |
| Median rent | $824 | $1,274 | $1,413 |
| Rent as a share of renters' income | 27.4% | 29.1% | 30.6% |
| Median year homes were built | 1960 | 1971 | 1980 |
| Vacant homes | 9.5% | 7.7% | 10.1% |
| Population | 5,480 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Carlinville
At this week's average 30-year rate of 7.11%, buying the median Carlinville home of $105,700 with 20% down costs about $784 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $960, 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 $33,590 for the 20%-down payment. That payment is 16% of the median Carlinville household income of $57,708; at that income and 20% down, the 28% guideline points to a home of about $182,000.
The median rent here is $824 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,140 |
|---|---|
| Loan amount | $84,560 |
| Principal and interest | $569 |
| Property taxes (1.94% a year) | $171 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $784 |
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| Down payment | $3,700 |
|---|---|
| Loan amount | $103,786 |
| Principal and interest | $698 |
| Property taxes (1.94% a year) | $171 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $47 |
| Total per month | $960 |
Change the numbers in the calculator
Questions about home buying in Carlinville
What is the median home value in Carlinville?
About $105,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Carlinville?
Homeowners pay a median $2,047 a year, which is about 1.94% 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 Carlinville?
For the median home with 20% down at 7.11%, the payment is about $784 a month. Keeping that under 28% of gross income takes about $33,590 a year.
More about Carlinville
- Mortgage Refinance in Carlinville
- Debt Relief in Carlinville
- Home Equity Loans in Carlinville
- 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