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City · 5,917 residents · McHenry County, Illinois

Spring Grove , Illinois

In Spring Grove, a typical home is worth $398,400. Compared with all of McHenry County, the typical home value is 29% higher, typical household income is 28% higher, and the share of households that own their home is 14 points higher.

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  • Typical home value

    $398,400

    29% above the county

    51% above Illinois

    • Spring Grove
    • McHenry
    • Illinois

  • Typical household income

    $134,210a year

    28% above the county

    61% above Illinois

    • Spring Grove
    • McHenry
    • Illinois

  • Households that own their home

    96%

    14 points above the county

    29 points above Illinois

    • Spring Grove
    • McHenry
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$425,659
6.8% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Spring Grove is in McHenry County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of McHenry County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Spring Grove apart

What this place has that others do not, from public data, most unusual first.

  1. Spring Grove has the 8th highest homeownership rate of the 337 cities in Illinois with more than 5,000 people (96%).

  2. Nearby, in Fox Lake, the typical home value is $228,100: 43% less than in Spring Grove ($398,400).

  3. The typical home in Spring Grove is worth $398,400, 29% more than in McHenry County as a whole ($308,100).

  4. The typical household income in Spring Grove is $134,210, 28% more than in McHenry County as a whole ($104,802).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Spring Grove

What homes there are in Spring Grove, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Spring Grove: 99% of homes, more than in McHenry County (77%).

Year built

Here half of the homes date from 1998 or later; in McHenry County, from 1989 or later.

There is more room for a big family here: 97% of homes have 3 bedrooms or more, against 73% in McHenry County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,701 a month

McHenry County: $2,137 a month

Without a mortgage

$1,161 a month

McHenry County: $945 a month

Owners with a mortgage

79%

McHenry County: 68%

Owning costs more in Spring Grove: with a mortgage, the typical cost is $2,701 a month; in McHenry County, $2,137. Without one, $1,161.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Spring Grove rose 32% since 2015–2019, less than in McHenry County (37%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureSpring GroveMcHenry CountyIllinoisUnited States
Rental vacancy Unreliable estimate2.9%5.0%5.5%
Homeowner vacancy Unreliable estimate0.5%1.0%0.9%
More than one person per room Unreliable estimate1.5%2.5%3.4%
People per household 3.052.642.462.53
Drive alone 72%73%66%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate1%6%3%
Walk or bike Unreliable estimate1%3%3%
Work from home 23%16%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Spring Grove are bigger: 3.05 people on average; in McHenry County, 2.64.

Many people here do not commute at all: 23% work from home; in McHenry County, 16%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Spring Grove?

A typical home is tight for the typical income

We start with a typical home in Spring Grove, worth $398,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Spring Grove, which is $134,210 a year. For that payment to be 28% of income, a household would need to earn about $162,671 a year.

The calculator's FHA and conventional loan limits are those of all of McHenry County.

Your numbers

Local data
$

Starts at the typical home value in Spring Grove. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,944 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,796

at 7.18% · 30 years

Loan amount
$391,184
Total interest
$562,822
Paid off in
November 2056

Includes $6,728 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,132 a month

  • Tight

    $3,132 to $4,026 a month

    Your payment · 34%

  • Hard

    more than $4,026 a month

Compared with the typical household income in Spring Grove ($134,210 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,796
Principal & interest$2,650
Property tax$803
Home insurance$166
FHA mortgage insurance (MIP)$176

You need at least $13,944 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Spring Grove and McHenry County

Spring Grove is in McHenry County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Spring Grove's own numbers

Typical home value
$398,400
Typical yearly household income
$134,210
Households that own their home
96%
Effective property tax rate
2.42%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of McHenry County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+57%
Homes in a high flood-risk zone
2.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of McHenry County.

Everything about McHenry County

Buying

Buying a home in Spring Grove

A typical home in Spring Grove is worth $398,400: 29% above the county and 51% above Illinois. With the typical household income in Spring Grove ($134,210 a year), a typical home costs 3.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Spring Grove 3.0 years
  • McHenry 2.9 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in McHenry County

According to FHFA’s house price index, home prices in McHenry County rose 86% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of McHenry County.

Period County Illinois U.S.
Last year (2025) +5.8% +5.7% +2.9%
5 years (2020–2025) +57% +47% +47%
10 years (2015–2025) +86% +65% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Spring Grove next to McHenry County, Illinois and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Spring Grove $398,400
  • McHenry $308,100
  • Illinois $263,300
  • United States $332,700
Typical yearly household income
  • Spring Grove $134,210
  • McHenry $104,802
  • Illinois $83,390
  • United States $80,734
See the full table
Spring Grove next to McHenry County and Illinois
Measure Spring Grove McHenry County Illinois U.S.
Typical home value $398,400 $308,100 $263,300 $332,700
Typical yearly household income $134,210 $104,802 $83,390 $80,734
Households that own their home 96% 83% 67% 65%
Typical yearly property tax $9,642 $7,274 $5,298 $3,119
Effective property tax rate 2.42% 2.36% 2.01% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below McHenry County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Spring Grove

For a typical $398,400 home in Spring Grove, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Spring Grove's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,796a month

    Least cash to close
    Down payment
    $13,944
    Cash to close
    $25,896
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $176

  • Conventional, 5% down $3,723a month

    Down payment
    $19,920
    Cash to close
    $31,872
    Rate
    7.18%
    Mortgage insurance
    PMI · $189

  • Conventional, 20% down, no PMI $3,129a month

    Down payment
    $79,680
    Cash to close
    $91,632
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,497a month

    Down payment
    $59,760
    Cash to close
    $71,712
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Spring Grove and for McHenry County.

Property tax

Effective rate in Spring Grove

2.42%of the home’s value each year

$9,642 a year for the typical owner in Spring Grove.

  • Spring Grove 2.42%
  • McHenry 2.36%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in McHenry County

FEMA does not publish these numbers by city: they are for all of McHenry County.

Homes in the high-risk zone
2.9%
3,218
Of those, with NFIP insurance
19%
County Illinois U.S.
Homes in the high-risk zone 2.9% 1.5% 3.5%
Of those, with NFIP insurance 19% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Spring Grove

The Census Bureau publishes no typical rent for Spring Grove. Below are the fair market rents for McHenry County.

HUD publishes a fair market rent for all of McHenry County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 an hour working full time.

HUD fair market rent for all of McHenry County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,678 $32.27 $67,120
1 bedroom $1,780 $34.23 $71,200
2 bedrooms $2,011 $38.67 $80,440
3 bedrooms $2,586 $49.73 $103,440
4 bedrooms $2,954 $56.81 $118,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Spring Grove

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Spring Grove is in ZIP code 60081.

For 2 bedrooms it is $1,660: $351 less than the fair market rent for McHenry County ($2,011).

  • 60081 $1,660$2,130

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Spring Grove when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Spring Grove

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in McHenry County; 2 say they serve in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Spring Grove

No down payment, repair or rent-help program on our list is for Spring Grove or McHenry County. The ones below are statewide in Illinois: they work in Spring Grove the same as in the rest of the state.

Which programs do I qualify for? All programs in Illinois

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Forgivable

    See the program Official page

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

Housing counselors near Spring Grove

The HUD-approved agencies closest to the center of Spring Grove, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Consumer Credit Counseling Services of Northern Illinois

    13707 W Jackson St, Woodstock · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (815) 338-5757

  • Restoration America, Inc.

    101 N Main St Ste 14, Crystal Lake · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (847) 783-0232

  • Lake County Housing Authority

    22843 N Lakewood Ln, Lake Zurich · 18 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
    (847) 223-1170

Every agency in McHenry County All counseling agencies in Illinois

Help in Spanish near Spring Grove

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Spring Grove

HUD’s record names them for Spring Grove or McHenry County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • McHenry County Housing Authority Public housing and Section 8 vouchers (815) 338-7752

All housing agencies in Illinois Source: HUD

Cities

Other cities in McHenry County

These cities are also in McHenry County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about McHenry County Housing in Illinois

Nearby cities

The cities closest to Spring Grove, with the typical home value.

Neighboring counties

If McHenry County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Spring Grove.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Spring Grove

Short answers with the numbers for Spring Grove and all of McHenry County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Spring Grove?

The typical home value in Spring Grove is $398,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in McHenry County it is $308,100.

What is the FHA loan limit in Spring Grove?

Spring Grove uses the FHA limit for all of McHenry County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Spring Grove?

The typical homeowner in Spring Grove pays $9,642 a year, according to the U.S. Census Bureau. That is 2.42% of the home’s value; in McHenry County, the rate is 2.36%.

Where can I find free help to buy or rent in Spring Grove?

There are 2 HUD-approved counseling agencies with an office in McHenry County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).