Total monthly cost of ownership
Cost to Own a Home in Maple Park, Illinois
A $265,000 home here costs
$2,532per 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 $108,500 a year.
A standard mortgage calculator would have told you $1,445. The real number is $1,087 higher every month, 75% more than the payment most buyers budget for.
Compare Kane County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Maple Park from a five-year rolling sample, and with about 1,939 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 Kane 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.
Maple Park against Kane County and Illinois
| Measure | Maple Park | Kane County |
|---|---|---|
| Median home value | $265,000 | $303,000 |
| Median property tax | $6,728 | $7,230 |
| Effective tax rate | 2.539% | 2.386% |
| Median gross rent | $1,683 | $1,404 |
| Population | 1,939 | 516,097 |
Maple Park extends across 2 counties. Figures here use Kane County, where most of its housing sits.
The weather behind that power bill
Maple Park sits in Kane County, which averages a high of 84.0°F in its hottest month and a low of 16.1°F in its coldest, with 33.23" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 822 cooling and 6,364 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Kane County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kane County
Talk to someone who works this market
These are Maple Park 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 Maple Park every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Maple Park I already own here and may sell
Common questions
How much does it cost to own a home in Maple Park?
A $265,000 home in Maple Park, Illinois costs approximately $2,532 per month with 20% down at 7.24%. That is $1,445 principal and interest, $561 property tax, $104 homeowners insurance, $202 utilities and $221 set aside for maintenance.
What is the property tax rate in Maple Park?
Maple Park has an effective property tax rate of 2.539%, based on a median home value of $265,000 and median real estate taxes of $6,728. That is higher than the Kane County average of 2.386%.
What is the average home price in Maple Park?
The median owner-occupied home value in Maple Park, Illinois is $265,000, against $303,000 across Kane County.
Is it cheaper to rent or buy in Maple Park?
Median gross rent in Maple Park is $1,683 a month, against $2,532 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 Maple Park?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Maple Park, Illinois at today's rate takes a household income of roughly $108,500 a year. That covers the full $2,532 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Maple Park, 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.