This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Tremont page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 2,300, so Tremont should be compared with similar-size places before using broader Illinois averages. Median household income is $77,420, so the best affordability read for Tremont is income versus housing, taxes, utilities, and insurance together.
Median home value is $200,600, so ownership costs in Tremont should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $900/mo, so renters can compare Tremont against ownership costs and nearby rental markets.
Housing and Income Context
For Tremont, income is solid, so housing and taxes usually decide the budget picture. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Tremont looks more favorable for renting, buying, or comparing with Morton, IL.
Utility Cost Context
The residential electricity benchmark is $0.189/kWh, so Tremont households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Tremont is a Illinois state-level EIA benchmark, so it should not be read as a local provider tariff.
For Tremont, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,913, so Tremont buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Tremont address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Tremont depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Tremont, especially when comparing with Morton, IL.
Population and Demographics
Median age is 39.8, so Tremont may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 37.1%, so Tremont education context can be useful when reading labor-market and school sections.
Unemployment is 5.1%, so Tremont wage and job-market context should be compared with commute options and regional employment centers.
