Total monthly cost of ownership
Cost to Own a Home in Clinton, Illinois
A $101,000 home here costs
$1,072per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $519. The real number is $552 higher every month — 106% 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.
Clinton against De Witt County and Illinois
| Measure | Clinton | De Witt County |
|---|---|---|
| Median home value | $101,200 | $124,200 |
| Median property tax | $1,759 | $2,297 |
| Effective tax rate | 1.738% | 1.849% |
| Median gross rent | $916 | $857 |
| Population | 7,012 | 15,461 |
The weather behind that power bill
Clinton sits in De Witt County, which averages a high of 85.8°F in its hottest month and a low of 20.1°F in its coldest, with 36.36" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,105 cooling and 5,393 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for De Witt County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in De Witt County
Full De Witt County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in Clinton?
A $101,000 home in Clinton, Illinois costs approximately $1,072 per month with 20% down at 6.66%. That is $519 principal and interest, $146 property tax, $40 homeowners insurance, $282 utilities and $84 set aside for maintenance.
What is the property tax rate in Clinton?
Clinton has an effective property tax rate of 1.738%, based on a median home value of $101,200 and median real estate taxes of $1,759. That is lower than the De Witt County average of 1.849%.
What is the average home price in Clinton?
The median owner-occupied home value in Clinton, Illinois is $101,200, against $124,200 across De Witt County.
Is it cheaper to rent or buy in Clinton?
Median gross rent in Clinton is $916 a month, against $1,072 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 Clinton — 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.