Cost of Living in Vermilion County, Illinois

$802/mo
Median Monthly Rent
$92,900
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$802/mo
4% below state average
Median Home Value
$92,900
67% 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 Vermilion County Compares

Median monthly rent comparison

Vermilion County$802/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$802/mo
Median Gross Rent
$92,900
Median Home Value
$663/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Vermilion County, Illinois

Vermilion renters face tighter affordability

Vermilion County's 17.6% rent-to-income ratio exceeds both the national average of 14.7% and the Illinois state average of 14.7%, signaling genuine affordability strain. The county's relatively low median household income of $54,537—$20,218 below the national median—leaves renters with less cushion to absorb housing costs.

Among Illinois's least affordable counties

Vermilion ranks as one of Illinois's most expensive counties for renters relative to income, with a 17.6% rent-to-income ratio well above the state average. Only Wabash County (17.3%) comes close to matching Vermilion's affordability burden, indicating a regional housing-cost squeeze.

Vermilion faces regional affordability crisis

At 17.6%, Vermilion's rent burden significantly exceeds all neighboring counties except Wabash (17.3%), with Union County (14.0%) and Wayne County (14.3%) demonstrating much tighter spending ratios. This suggests Vermilion's rents—$802 monthly—strain household budgets despite being modest in absolute dollars.

Rents consume nearly one-fifth of income

Vermilion residents earning $54,537 annually pay $802 in median rent, consuming 17.6% of household income—nearly one-fifth. Owner costs of $663 are more manageable, but renters here face noticeably tighter finances than peers in neighboring counties.

Compare Vermilion against nearby alternatives

If you're considering Vermilion, weigh its affordability against nearby Union County—just miles away with 14.0% rent-to-income versus Vermilion's 17.6%. A modest relocation within the region could significantly reduce your housing-cost burden while maintaining community ties.

Affordability Calculator

See how your income compares to housing costs in Vermilion County

$

Rent Burden

17.6%

of gross income

Max Housing (28% Rule)

$1,273

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Vermilion County

Median home value is $92,900. Estimated monthly cost: $742 vs. your max of $1,273.

Rent Affordability Guide

Your rent-to-income ratio17.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Vermilion County, Illinois?
Vermilion County, Illinois has a median monthly rent of $802/mo and a median home value of $92,900. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Vermilion County?
The median gross rent in Vermilion County is $802/mo. This is 4% below state average for Illinois.
Is Vermilion County affordable?
Vermilion 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 Vermilion County's rent compare to the state average?
Vermilion County's median rent of $802/mo is 4% below state average of $837/mo for Illinois.
What is the median home value in Vermilion County?
The median home value in Vermilion County, Illinois is $92,900. This is 67% 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.