Cost of Living in Macon County, Illinois

$797/mo
Median Monthly Rent
$121,800
Median Home Value
5% below state averageUnaffordable

At a Glance

Median Monthly Rent
$797/mo
5% below state average
Median Home Value
$121,800
57% below national
Rent-to-Income Ratio
25.0%
% 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 Macon County Compares

Median monthly rent comparison

Macon County$797/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$797/mo
Median Gross Rent
$121,800
Median Home Value
$865/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Macon County, Illinois

Macon County moderately affordable nationally

Macon County's 15.3% rent-to-income ratio sits near national affordability averages, though median household income of $62,449 trails the national median by 16%. Residents manage housing costs reasonably well relative to their earnings, despite regional wage constraints.

Mid-range affordability across Illinois

Macon County's 15.3% rent-to-income ratio exceeds Illinois's 14.7% state average by a narrow margin, reflecting modest housing costs relative to local incomes. At $797 monthly, Macon rents rank among the lowest statewide.

Lowest rents, mixed income story

Macon County's $797 monthly rent is the lowest among the eight counties analyzed, yet median incomes of $62,449 are also near the bottom, limiting the affordability advantage. Home values at $121,800 offer solid value for buyers seeking rural living at minimal cost.

Homeownership notably more affordable

Renters dedicate 15.3% of a $62,449 median income to $797 monthly rent, while homeowners spend just $865 (16.6% of income) on mortgages. The modest gap between renter and owner costs makes Macon an unusual market where both housing tenures remain genuinely affordable.

Ultra-low costs for patient homebuyers

Macon County attracts relocators seeking minimal housing costs combined with affordable homeownership, though lower incomes may limit job market opportunities. Weigh Macon's ultra-low rents against stronger earning potential in neighboring Livingston or Lee counties.

Affordability Calculator

See how your income compares to housing costs in Macon County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,457

per month

Owner Cost Burden

16.6%

of gross income

You can likely afford the median home in Macon County

Median home value is $121,800. Estimated monthly cost: $972 vs. your max of $1,457.

Rent Affordability Guide

Your rent-to-income ratio15.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Macon County, Illinois?
Macon County, Illinois has a median monthly rent of $797/mo and a median home value of $121,800. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Macon County?
The median gross rent in Macon County is $797/mo. This is 5% below state average for Illinois.
Is Macon County affordable?
Macon County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Macon County's rent compare to the state average?
Macon County's median rent of $797/mo is 5% below state average of $837/mo for Illinois.
What is the median home value in Macon County?
The median home value in Macon County, Illinois is $121,800. This is 57% 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.