The typical owner-occupied home in North Henderson is worth about $66,700, 75% below the Illinois median of $263,300 and 80% below the national median of $332,700. Owners pay a median $1,708 a year in property taxes, about 2.56% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $74,231 a year, so the median home costs 0.9 times the median income (3.2 times for Illinois). 100% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
North Henderson at a glance
| North Henderson | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $66,700 | $263,300 | $332,700 |
| Median property tax paid per year | $1,708 | $5,298 | $3,119 |
| Property tax as a share of value | 2.56% | 2.01% | 0.94% |
| Median household income | $74,231 | $83,390 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 65% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,077 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 16.0% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1938 | 1971 | 1980 |
| Vacant homes | 3.3% | 7.7% | 10.1% |
| Population | 191 | 12,694,798 | 334,922,499 |
What a typical home costs per month in North Henderson
At this week's average 30-year rate of 7.11%, buying the median North Henderson home of $66,700 with 20% down costs about $529 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $640, 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 $22,674 for the 20%-down payment. That payment is 9% of the median North Henderson household income of $74,231; at that income and 20% down, the 28% guideline points to a home of about $218,000.
| Down payment | $13,340 |
|---|---|
| Loan amount | $53,360 |
| Principal and interest | $359 |
| Property taxes (2.56% a year) | $142 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $529 |
Change the numbers in the calculator
| Down payment | $2,334 |
|---|---|
| Loan amount | $65,492 |
| Principal and interest | $441 |
| Property taxes (2.56% a year) | $142 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $640 |
Change the numbers in the calculator
Questions about home buying in North Henderson
What is the median home value in North Henderson?
About $66,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in North Henderson?
Homeowners pay a median $1,708 a year, which is about 2.56% 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 North Henderson?
For the median home with 20% down at 7.11%, the payment is about $529 a month. Keeping that under 28% of gross income takes about $22,674 a year.
More about North Henderson
- Mortgage Refinance in North Henderson
- Debt Relief in North Henderson
- Home Equity Loans in North Henderson
- 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