Total monthly cost of ownership
Cost to Own a Home in McLeansboro, Illinois
A $72,000 home here costs
$822per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $370. The real number is $452 higher every month — 122% 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.
McLeansboro against Hamilton County and Illinois
| Measure | McLeansboro | Hamilton County |
|---|---|---|
| Median home value | $72,200 | $108,800 |
| Median property tax | — | $1,470 |
| Effective tax rate | 1.351% | 1.351% |
| Median gross rent | $548 | $566 |
| Population | 2,750 | 7,972 |
The weather behind that power bill
McLeansboro sits in Hamilton County, which averages a high of 89.2°F in its hottest month and a low of 22.1°F in its coldest, with 47.09" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,306 cooling and 4,746 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Hamilton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hamilton County
No other places of this size are published in Hamilton County.
Full Hamilton County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in McLeansboro?
A $72,000 home in McLeansboro, Illinois costs approximately $822 per month with 20% down at 6.66%. That is $370 principal and interest, $81 property tax, $28 homeowners insurance, $282 utilities and $60 set aside for maintenance.
What is the property tax rate in McLeansboro?
Place-level tax data is not published for McLeansboro, so the Hamilton County rate of 1.351% applies here.
What is the average home price in McLeansboro?
The median owner-occupied home value in McLeansboro, Illinois is $72,200, against $108,800 across Hamilton County.
Is it cheaper to rent or buy in McLeansboro?
Median gross rent in McLeansboro is $548 a month, against $822 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 McLeansboro — 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.