Housing costs in Lake Summerset?
A typical home costs
$203,200, which is 39.9% less expensive than the national average of
$338,100 and 15.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lake Summerset costs
$1,060 per month, which is 15.9% cheaper than the national average of
$1,260 and 27.4% more than the state average of
$770.
Can I afford Lake Summerset?
To live comfortably in Lake Summerset (zip 61019), Illinois, a minimum annual income of
$38,880 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Lake Summerset?
The cost of living in 61019 Lake Summerset, IL is relatively low. The median home value is $107,500 and the median rent is $967 making it an affordable place to live. The cost of groceries and other necessities are also lower than the national average. In addition, the local tax rate is 6.75% so residents can save on their purchasing power. Overall, 61019 Lake Summerset offers a quality place to live for a reasonable price.