Cost of Living in Iroquois County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Iroquois County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Iroquois County ranks #1,402 of 3,142 counties for affordability (top 45%)
Sourced county brief
Iroquois County Renter Median Household Income Estimated at 41,597 Dollars
In Iroquois County, the median renter-household income was recorded at $41,597 during the 2020-2024 period. The median gross rent as a percentage of household income, which is the official B25071 GRAPI, was 25.7 percent. This percentage is 0.4 percentage points below the Illinois unweighted county mean of 26.1 percent. The median gross rent in the county was $799, compared to the state unweighted county mean of $867. Homeowners in the county saw a median home value of $137,800, which is $15,220 lower than the state unweighted county mean of $153,020. Selected monthly owner costs for all owner-occupied units were $883, while the state unweighted county mean stood at $960. These figures are snapshot estimates provided by the U.S. Census Bureau's 5-year survey. See ACS table B25119 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Iroquois County
Affordability Verdict
ACS B25071 estimates median gross rent at 25.7% of renter household income in Iroquois County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $799 per month; median selected monthly owner costs are $883. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $31,960 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Illinois unweighted mean of county median rents is $867 per month. Iroquois County's $799 median is 7.9% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Iroquois County
Rent Burden
14.5%
of gross income
Max Housing (28% Rule)
$1,546
per month
Owner Cost Burden
16.0%
of gross income
You can likely afford the median home in Iroquois County
Median home value is $137,800. Estimated monthly cost: $1,100 vs. your max of $1,546.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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