Cost of Living in Ford County, Illinois

$836/mo
Median Monthly Rent
$118,100
Median Home Value
0% below state averageUnaffordable

At a Glance

Median Monthly Rent
$836/mo
0% below state average
Median Home Value
$118,100
58% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Ford County Compares

Median monthly rent comparison

Ford County$836/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$836/mo
Median Gross Rent
$118,100
Median Home Value
$864/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ford County, Illinois

Ford County rents strain local wages

Renters in Ford County spend 16.5% of their $60,782 median income on rent—above the national 30% comfort threshold and exceeding most peer counties. The $836 monthly rent is the highest among our comparison group, placing unexpected pressure on a below-average income base.

Below-average in Illinois affordability rankings

Ford County's 16.5% rent-to-income ratio exceeds Illinois's state average of 14.7%, indicating tighter housing affordability than most of the state. The mismatch between local rents and incomes suggests limited job-market opportunity relative to housing costs.

Highest rents in the region

Ford County's $836 monthly rent tops all nearby counties—$102 more than Effingham ($734), $36 more than Fulton ($808), and $28 more than Franklin ($771). Yet median incomes lag Effingham and Grundy, making Ford's rent burden among the highest in this comparison group.

Rent outpaces local economic capacity

Ford County households earn $60,782 annually but face $836 monthly rents (16.5% of income) and $864 mortgage costs, stretching tight budgets. The median home value of $118,100 adds to the challenge, as local wages lag behind what homeownership typically requires.

Ford requires strong income to work

Ford County makes sense only if you're relocating with a salary above local medians or own property outright, as rents and home costs exceed what typical local incomes support. Compare with Fayette (lower rents), Effingham (better wages), or Gallatin (cheapest rents) if affordability is your priority.

Affordability Calculator

See how your income compares to housing costs in Ford County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,418

per month

Owner Cost Burden

17.1%

of gross income

You can likely afford the median home in Ford County

Median home value is $118,100. Estimated monthly cost: $943 vs. your max of $1,418.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ford County, Illinois?
Ford County, Illinois has a median monthly rent of $836/mo and a median home value of $118,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Ford County?
The median gross rent in Ford County is $836/mo. This is 0% below state average for Illinois.
Is Ford County affordable?
Ford County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ford County's rent compare to the state average?
Ford County's median rent of $836/mo is 0% below state average of $837/mo for Illinois.
What is the median home value in Ford County?
The median home value in Ford County, Illinois is $118,100. This is 58% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.