The typical owner-occupied home in Lyndon is worth about $113,500, 57% below the Illinois median of $263,300 and 66% below the national median of $332,700. Owners pay a median $2,010 a year in property taxes, about 1.77% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $60,104 a year, so the median home costs 1.9 times the median income (3.2 times for Illinois). 91% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Lyndon at a glance
| Lyndon | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $113,500 | $263,300 | $332,700 |
| Median property tax paid per year | $2,010 | $5,298 | $3,119 |
| Property tax as a share of value | 1.77% | 2.01% | 0.94% |
| Median household income | $60,104 | $83,390 | $80,734 |
| Homes lived in by their owners | 91% | 67% | 65% |
| Owner homes with a mortgage | 43% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,030 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1968 | 1971 | 1980 |
| Vacant homes | 16.5% | 7.7% | 10.1% |
| Population | 433 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Lyndon
At this week's average 30-year rate of 7.11%, buying the median Lyndon home of $113,500 with 20% down costs about $826 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,015, 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 $35,379 for the 20%-down payment. That payment is 16% of the median Lyndon household income of $60,104; at that income and 20% down, the 28% guideline points to a home of about $193,000.
| Down payment | $22,700 |
|---|---|
| Loan amount | $90,800 |
| Principal and interest | $611 |
| Property taxes (1.77% a year) | $167 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $826 |
Change the numbers in the calculator
| Down payment | $3,972 |
|---|---|
| Loan amount | $111,444 |
| Principal and interest | $750 |
| Property taxes (1.77% a year) | $167 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $1,015 |
Change the numbers in the calculator
Questions about home buying in Lyndon
What is the median home value in Lyndon?
About $113,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lyndon?
Homeowners pay a median $2,010 a year, which is about 1.77% 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 Lyndon?
For the median home with 20% down at 7.11%, the payment is about $826 a month. Keeping that under 28% of gross income takes about $35,379 a year.
More about Lyndon
- Mortgage Refinance in Lyndon
- Debt Relief in Lyndon
- Home Equity Loans in Lyndon
- 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