Total monthly cost of ownership
Cost to Own a Home in Shawneetown, Illinois
A $80,000 home here costs
$931per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $411. The real number is $520 higher every month — 126% 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.
Shawneetown against Gallatin County and Illinois
| Measure | Shawneetown | Gallatin County |
|---|---|---|
| Median home value | $80,400 | $84,700 |
| Median property tax | $1,683 | $1,276 |
| Effective tax rate | 2.093% | 1.506% |
| Median gross rent | $330 | $500 |
| Population | 1,167 | 4,857 |
The weather behind that power bill
Shawneetown sits in Gallatin County, which averages a high of 88.2°F in its hottest month and a low of 25.5°F in its coldest, with 48.21" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,437 cooling and 4,374 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Gallatin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gallatin County
No other places of this size are published in Gallatin County.
Full Gallatin County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in Shawneetown?
A $80,000 home in Shawneetown, Illinois costs approximately $931 per month with 20% down at 6.66%. That is $411 principal and interest, $140 property tax, $31 homeowners insurance, $282 utilities and $67 set aside for maintenance.
What is the property tax rate in Shawneetown?
Shawneetown has an effective property tax rate of 2.093%, based on a median home value of $80,400 and median real estate taxes of $1,683. That is higher than the Gallatin County average of 1.506%.
What is the average home price in Shawneetown?
The median owner-occupied home value in Shawneetown, Illinois is $80,400, against $84,700 across Gallatin County.
Is it cheaper to rent or buy in Shawneetown?
Median gross rent in Shawneetown is $330 a month, against $931 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 Shawneetown — 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.