Total monthly cost of ownership
Cost to Own a Home in Zeigler, Illinois
A $52,000 home here costs
$615per 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 $26,500 a year.
A standard mortgage calculator would have told you $284. The real number is $331 higher every month, 117% more than the payment most buyers budget for.
Compare Franklin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Zeigler from a five-year rolling sample, and with about 1,325 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 Franklin 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.
Zeigler against Franklin County and Illinois
| Measure | Zeigler | Franklin County |
|---|---|---|
| Median home value | $52,000 | $87,700 |
| Median property tax | $788 | $1,316 |
| Effective tax rate | 1.515% | 1.501% |
| Median gross rent | $694 | $771 |
| Population | 1,325 | 37,541 |
The weather behind that power bill
Zeigler sits in Franklin County, which averages a high of 88.4°F in its hottest month and a low of 24.8°F in its coldest, with 44.01" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,370 cooling and 4,460 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Franklin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Illinois
Talk to someone who works this market
These are Zeigler 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 Zeigler every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Zeigler I already own here and may sell
Common questions
How much does it cost to own a home in Zeigler?
A $52,000 home in Zeigler, Illinois costs approximately $615 per month with 20% down at 7.24%. That is $284 principal and interest, $66 property tax, $20 homeowners insurance, $202 utilities and $43 set aside for maintenance.
What is the property tax rate in Zeigler?
Zeigler has an effective property tax rate of 1.515%, based on a median home value of $52,000 and median real estate taxes of $788. That is higher than the Franklin County average of 1.501%.
What is the average home price in Zeigler?
The median owner-occupied home value in Zeigler, Illinois is $52,000, against $87,700 across Franklin County.
Is it cheaper to rent or buy in Zeigler?
Median gross rent in Zeigler is $694 a month, against $615 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Zeigler?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Zeigler, Illinois at today's rate takes a household income of roughly $26,500 a year. That covers the full $615 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Zeigler, 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.