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Housing in Bonus

A typical Bonus home is worth roughly $258,000

Typical home value
$258K
IL $298K
Estimate
2-bedroom rent
$1,250
a month, utilities in · HUD
Median tax bill
$5,695
IL $5,298

What kind of housing town is Bonus?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

93% of Bonus households own their home

Half of Bonus’s homes were built before 1992.

Owners and renters
Own 93%Rent 7%

Illinois: 67% own.

1992
typical home built · IL 1971
$5,695
median property tax bill · IL $5,298
2.21%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.6 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$333,000
Typical Bonus home $258K

That covers a typical Bonus home, with $75K to spare.

The typical home, each month
$1,830
Loan $1,280Tax $470Insurance $80

A two-bedroom rents for about $1,250 a month here, $580 less than owning.

Where your budget reaches nearby

How Bonus ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bonus’s typical property tax (2.21% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,250

Fair Market Rent a month, utilities included

Studio$910
1 bedroom$1,000
2 bedrooms$1,250
3 bedrooms$1,650
4 bedrooms$1,770
7%
of households rent · IL 33%
99
renter households
18%
of renters spend 30%+ of income on rent · IL 48%
15%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chicago-Joliet-Naperville, IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Bonus vs. its neighbors

Bonus is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Bonus$258K*—$1,250$100,806
Spring$278K*+10.4%†$1,210$135,595
Belvidere$264K+6.6%$1,220$76,622
Marengo$366K+6.5%$1,330$74,172

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Bonus buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Bonus still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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