Total monthly cost of ownership
Cost to Own a Home in Anna, Illinois
A $128,000 home here costs
$1,267per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $658. The real number is $609 higher every month — 93% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Anna against Union County and Illinois
| Measure | Anna | Union County |
|---|---|---|
| Median home value | $128,200 | $131,700 |
| Median property tax | $2,045 | $1,851 |
| Effective tax rate | 1.595% | 1.405% |
| Median gross rent | $607 | $658 |
| Population | 4,222 | 16,972 |
The weather behind that power bill
Anna sits in Union County, which averages a high of 89.7°F in its hottest month and a low of 25.4°F in its coldest, with 51.13" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,634 cooling and 3,977 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Union County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Union County
Common questions
How much does it cost to own a home in Anna?
A $128,000 home in Anna, Illinois costs approximately $1,267 per month with 20% down at 6.66%. That is $658 principal and interest, $170 property tax, $50 homeowners insurance, $282 utilities and $107 set aside for maintenance.
What is the property tax rate in Anna?
Anna has an effective property tax rate of 1.595%, based on a median home value of $128,200 and median real estate taxes of $2,045. That is higher than the Union County average of 1.405%.
What is the average home price in Anna?
The median owner-occupied home value in Anna, Illinois is $128,200, against $131,700 across Union County.
Is it cheaper to rent or buy in Anna?
Median gross rent in Anna is $607 a month, against $1,267 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Anna — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Illinois.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.