Total monthly cost of ownership
Cost to Own a Home in South Jacksonville, Illinois
A $137,000 home here costs
$1,354per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $704. The real number is $650 higher every month — 92% 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.
South Jacksonville against Morgan County and Illinois
| Measure | South Jacksonville | Morgan County |
|---|---|---|
| Median home value | $137,100 | $128,700 |
| Median property tax | $2,399 | $2,420 |
| Effective tax rate | 1.750% | 1.880% |
| Median gross rent | $631 | $710 |
| Population | 3,255 | 32,621 |
The weather behind that power bill
South Jacksonville sits in Morgan County, which averages a high of 86.5°F in its hottest month and a low of 18.1°F in its coldest, with 39.25" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,067 cooling and 5,510 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Morgan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Morgan County
Full Morgan County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in South Jacksonville?
A $137,000 home in South Jacksonville, Illinois costs approximately $1,354 per month with 20% down at 6.66%. That is $704 principal and interest, $200 property tax, $54 homeowners insurance, $282 utilities and $114 set aside for maintenance.
What is the property tax rate in South Jacksonville?
South Jacksonville has an effective property tax rate of 1.750%, based on a median home value of $137,100 and median real estate taxes of $2,399. That is lower than the Morgan County average of 1.880%.
What is the average home price in South Jacksonville?
The median owner-occupied home value in South Jacksonville, Illinois is $137,100, against $128,700 across Morgan County.
Is it cheaper to rent or buy in South Jacksonville?
Median gross rent in South Jacksonville is $631 a month, against $1,354 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 South Jacksonville — 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.