Total monthly cost of ownership
Cost to Own a Home in Capron, Illinois
A $156,000 home here costs
$1,533per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $65,500 a year.
A standard mortgage calculator would have told you $851. The real number is $683 higher every month, 80% more than the payment most buyers budget for.
Compare Boone County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Capron from a five-year rolling sample, and with about 1,328 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Boone County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Capron against Boone County and Illinois
| Measure | Capron | Boone County |
|---|---|---|
| Median home value | $155,800 | $198,600 |
| Median property tax | $3,471 | $4,507 |
| Effective tax rate | 2.228% | 2.269% |
| Median gross rent | $769 | $1,011 |
| Population | 1,328 | 53,316 |
The weather behind that power bill
Capron sits in Boone County, which averages a high of 83.9°F in its hottest month and a low of 14.5°F in its coldest, with 37.24" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 839 cooling and 6,497 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Boone County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Boone County
Talk to someone who works this market
These are Capron averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Capron every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Capron I already own here and may sell
Common questions
How much does it cost to own a home in Capron?
A $156,000 home in Capron, Illinois costs approximately $1,533 per month with 20% down at 7.24%. That is $851 principal and interest, $290 property tax, $61 homeowners insurance, $202 utilities and $130 set aside for maintenance.
What is the property tax rate in Capron?
Capron has an effective property tax rate of 2.228%, based on a median home value of $155,800 and median real estate taxes of $3,471. That is lower than the Boone County average of 2.269%.
What is the average home price in Capron?
The median owner-occupied home value in Capron, Illinois is $155,800, against $198,600 across Boone County.
Is it cheaper to rent or buy in Capron?
Median gross rent in Capron is $769 a month, against $1,533 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Capron?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Capron, Illinois at today's rate takes a household income of roughly $65,500 a year. That covers the full $1,533 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Capron, 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.