Cost to Own
United StatesIllinoisHancock CountyLa Harpe Population 1,085 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in La Harpe, Illinois

A $84,000 home here costs

$963

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $432. The real number is $531 higher every month — 123% more than the payment most buyers budget for.

La Harpe median: $84,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $67,200 borrowed $432
Property tax2.078% effective rate for La Harpe itself $145
Homeowners insuranceIllinois averages $1,223/yr (NAIC), or 0.47% of home value $33
Electricity23.85¢/kWh — Illinois residential average, EIA $214
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $70
Total monthly $963

La Harpe against Hancock County and Illinois

MeasureLa HarpeHancock County
Median home value$84,200$108,400
Median property tax$1,750$2,020
Effective tax rate2.078%1.863%
Median gross rent$755
Population1,08517,434

The weather behind that power bill

La Harpe sits in Hancock County, which averages a high of 86.3°F in its hottest month and a low of 17.7°F in its coldest, with 40.11" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,170 cooling and 5,590 heating degree days, which is what sets the $214 electricity line above.

See the full climate breakdown for Hancock County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Hancock County

Full Hancock County cost breakdown · Every county in Illinois

Common questions

How much does it cost to own a home in La Harpe?

A $84,000 home in La Harpe, Illinois costs approximately $963 per month with 20% down at 6.66%. That is $432 principal and interest, $145 property tax, $33 homeowners insurance, $282 utilities and $70 set aside for maintenance.

What is the property tax rate in La Harpe?

La Harpe has an effective property tax rate of 2.078%, based on a median home value of $84,200 and median real estate taxes of $1,750. That is higher than the Hancock County average of 1.863%.

What is the average home price in La Harpe?

The median owner-occupied home value in La Harpe, Illinois is $84,200, against $108,400 across Hancock County.

Is it cheaper to rent or buy in La Harpe?

Rent data is not published for La Harpe at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for La Harpe — 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.

Full methodology