Cost of Living in Tazewell County, Illinois

$898/mo
Median Monthly Rent
$164,500
Median Home Value
7% above state averageUnaffordable

At a Glance

Median Monthly Rent
$898/mo
7% above state average
Median Home Value
$164,500
42% below national
Rent-to-Income Ratio
26.0%
% 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 Tazewell County Compares

Median monthly rent comparison

Tazewell County$898/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$898/mo
Median Gross Rent
$164,500
Median Home Value
$1,070/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Tazewell County, Illinois

Tazewell leads Illinois in affordability

Tazewell County's rent-to-income ratio of 14.1% beats the national average of 14.7%, placing it among more affordable U.S. counties. With a median household income of $76,704—notably $1,949 above the national median—residents here earn more while keeping housing costs in check.

One of Illinois's most affordable counties

Tazewell ranks as one of Illinois's better performers on housing affordability, with a 14.1% rent-to-income ratio below the state average of 14.7%. The county's above-average incomes of $76,704 paired with moderate rents give households financial flexibility that many Illinois counties lack.

Tazewell outperforms most regional peers

Among surrounding counties, only Washington County (12.3%) and Warren County (12.9%) beat Tazewell's affordability; Stephenson County (14.8%) and Vermilion County (17.6%) lag behind. Tazewell's $898 monthly rent reflects premium pricing compared to rural neighbors, yet strong household incomes justify the difference.

Strong income supports higher housing costs

Tazewell residents earning $76,704 annually can comfortably absorb rents of $898 and owner costs of $1,070, spending just 14% of income on housing. This cushion—better than most Illinois counties—reflects Tazewell's stronger economic base and higher-wage employers in the region.

Tazewell balances earnings and housing costs

If you prioritize a strong local economy paired with reasonable housing affordability, Tazewell deserves consideration among Illinois options. Its median home values of $164,500 and above-average incomes signal a stable market that's less boom-and-bust than wealthier counties.

Affordability Calculator

See how your income compares to housing costs in Tazewell County

$

Rent Burden

14.0%

of gross income

Max Housing (28% Rule)

$1,790

per month

Owner Cost Burden

16.7%

of gross income

You can likely afford the median home in Tazewell County

Median home value is $164,500. Estimated monthly cost: $1,313 vs. your max of $1,790.

Rent Affordability Guide

Your rent-to-income ratio14.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Tazewell County, Illinois?
Tazewell County, Illinois has a median monthly rent of $898/mo and a median home value of $164,500. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Tazewell County?
The median gross rent in Tazewell County is $898/mo. This is 7% above state average for Illinois.
Is Tazewell County affordable?
Tazewell County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Tazewell County's rent compare to the state average?
Tazewell County's median rent of $898/mo is 7% above state average of $837/mo for Illinois.
What is the median home value in Tazewell County?
The median home value in Tazewell County, Illinois is $164,500. This is 42% 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.