Cost of Living in Tazewell County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Tazewell County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Tazewell County ranks #2,324 of 3,144 counties for affordability (bottom 26%)
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.
Cost of Living Advisory: Tazewell County
Affordability Verdict
Tazewell County offers affordable rental housing at a median of $898/month — about 14.0% of the typical household income here.
Rent vs. Own
Renters in Tazewell County pay $898/month on average, compared to $1,070/month for homeowners. This market favors renters by about 16%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,920/year. For owner costs at the 28% rule, the required income is roughly $45,857/year. With a median household income of $76,704, most households can comfortably afford rent here. Notably, 26.0% of renter households in Tazewell County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Illinois, Tazewell County is less affordable than Piatt County by roughly 5% ($898/mo vs $950/mo).
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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