The typical owner-occupied home in Keithsburg is worth about $65,900, 75% below the Illinois median of $263,300 and 80% below the national median of $332,700. Owners pay a median $926 a year in property taxes, about 1.41% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $44,625 a year, so the median home costs 1.5 times the median income (3.2 times for Illinois). 81% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Keithsburg at a glance
| Keithsburg | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $65,900 | $263,300 | $332,700 |
| Median property tax paid per year | $926 | $5,298 | $3,119 |
| Property tax as a share of value | 1.41% | 2.01% | 0.94% |
| Median household income | $44,625 | $83,390 | $80,734 |
| Homes lived in by their owners | 81% | 67% | 65% |
| Owner homes with a mortgage | 38% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $910 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 12.3% | 20.6% | 21.0% |
| Median rent | $607 | $1,274 | $1,413 |
| Rent as a share of renters' income | 26.1% | 29.1% | 30.6% |
| Median year homes were built | 1972 | 1971 | 1980 |
| Vacant homes | 18.6% | 7.7% | 10.1% |
| Population | 490 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Keithsburg
At this week's average 30-year rate of 7.11%, buying the median Keithsburg home of $65,900 with 20% down costs about $460 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $569, 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 $19,695 for the 20%-down payment. That payment is 12% of the median Keithsburg household income of $44,625; at that income and 20% down, the 28% guideline points to a home of about $149,000.
The median rent here is $607 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,180 |
|---|---|
| Loan amount | $52,720 |
| Principal and interest | $355 |
| Property taxes (1.41% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| PMI | $0 |
| Total per month | $460 |
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| Down payment | $2,306 |
|---|---|
| Loan amount | $64,706 |
| Principal and interest | $435 |
| Property taxes (1.41% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| FHA mortgage insurance | $29 |
| Total per month | $569 |
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Questions about home buying in Keithsburg
What is the median home value in Keithsburg?
About $65,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Keithsburg?
Homeowners pay a median $926 a year, which is about 1.41% 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 Keithsburg?
For the median home with 20% down at 7.11%, the payment is about $460 a month. Keeping that under 28% of gross income takes about $19,695 a year.
More about Keithsburg
- Mortgage Refinance in Keithsburg
- Debt Relief in Keithsburg
- Home Equity Loans in Keithsburg
- 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