Total monthly cost of ownership
Cost to Own a Home in Sumner, Illinois
A $61,000 home here costs
$716per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $314. The real number is $402 higher every month — 128% 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.
Sumner against Lawrence County and Illinois
| Measure | Sumner | Lawrence County |
|---|---|---|
| Median home value | $61,200 | $95,500 |
| Median property tax | $544 | $1,156 |
| Effective tax rate | 0.889% | 1.210% |
| Median gross rent | $707 | $810 |
| Population | 2,229 | 15,137 |
The weather behind that power bill
Sumner sits in Lawrence County, which averages a high of 88.3°F in its hottest month and a low of 21.3°F in its coldest, with 46.6" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,291 cooling and 4,929 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Lawrence County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lawrence County
Full Lawrence County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in Sumner?
A $61,000 home in Sumner, Illinois costs approximately $716 per month with 20% down at 6.66%. That is $314 principal and interest, $45 property tax, $24 homeowners insurance, $282 utilities and $51 set aside for maintenance.
What is the property tax rate in Sumner?
Sumner has an effective property tax rate of 0.889%, based on a median home value of $61,200 and median real estate taxes of $544. That is lower than the Lawrence County average of 1.210%.
What is the average home price in Sumner?
The median owner-occupied home value in Sumner, Illinois is $61,200, against $95,500 across Lawrence County.
Is it cheaper to rent or buy in Sumner?
Median gross rent in Sumner is $707 a month, against $716 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 Sumner — 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.