Total monthly cost of ownership
Cost to Own a Home in Leland Grove, Illinois
A $262,000 home here costs
$2,480per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,347. The real number is $1,133 higher every month — 84% 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.
Leland Grove against Sangamon County and Illinois
| Measure | Leland Grove | Sangamon County |
|---|---|---|
| Median home value | $261,500 | $170,300 |
| Median property tax | $6,347 | $3,369 |
| Effective tax rate | 2.427% | 1.978% |
| Median gross rent | $1,227 | $954 |
| Population | 1,595 | 195,217 |
The weather behind that power bill
Leland Grove sits in Sangamon County, which averages a high of 85.5°F in its hottest month and a low of 18.6°F in its coldest, with 40.45" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,094 cooling and 5,455 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Sangamon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sangamon County
Full Sangamon County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in Leland Grove?
A $262,000 home in Leland Grove, Illinois costs approximately $2,480 per month with 20% down at 6.66%. That is $1,347 principal and interest, $530 property tax, $103 homeowners insurance, $282 utilities and $218 set aside for maintenance.
What is the property tax rate in Leland Grove?
Leland Grove has an effective property tax rate of 2.427%, based on a median home value of $261,500 and median real estate taxes of $6,347. That is higher than the Sangamon County average of 1.978%.
What is the average home price in Leland Grove?
The median owner-occupied home value in Leland Grove, Illinois is $261,500, against $170,300 across Sangamon County.
Is it cheaper to rent or buy in Leland Grove?
Median gross rent in Leland Grove is $1,227 a month, against $2,480 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 Leland Grove — 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.