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Cost of Living in Lee County, IL

Population 33,869 · Census ACS 2020–2024 5-year estimates

Median rent$894
Median home value$154,600
Median household income$70,292

The median rent in Lee County, IL is $894/month, 30% lower than the Illinois median and 37% lower than the U.S. median. The median home value is $154,600, 54% lower than the national median. Households earn a median of $70,292 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 15.3%
Income needed for median rent (30% rule): $35,760/yr
Home price-to-income ratio: 2.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $782/mo

Run your own numbers: mortgage calculator · hourly to salary

Lee County vs. Illinois vs. U.S.

Lee CountyIllinoisU.S.
Median rent$894$1,274$1,413
Median home value$154,600$263,300$332,700
Median household income$70,292$83,390$80,734
Homeownership rate73.6%67.1%65.2%
Bachelor's degree or higher19.4%37.8%35.7%
Poverty rate11.8%11.8%12.5%
Unemployment rate5.2%5.8%5.2%
Work from home5.5%15.9%15.1%
Median age43.139.038.9

FAQ

What is the average rent in Lee County, IL?

The median gross rent in Lee County, IL is $894 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lee County, IL?

Using the common 30% rule, renting a median-priced home takes about $35,760 a year in gross income.

Is Lee County, IL expensive to live in?

Rent there is 37% lower than the U.S. median, and the median home costs about 2.2 times the median household income.

Other counties in Illinois

Cook County, ILRent $1,435 · Income $83,498DuPage County, ILRent $1,688 · Income $112,096Lake County, ILRent $1,477 · Income $110,416Will County, ILRent $1,462 · Income $109,984Kane County, ILRent $1,453 · Income $103,163McHenry County, ILRent $1,401 · Income $104,802

Counties with a similar cost of living

Orleans County, VTRent $892 · Income $70,103Custer County, MTRent $893 · Income $70,605Minidoka County, IDRent $900 · Income $70,377Brookings County, SDRent $901 · Income $70,064Ashland County, OHRent $888 · Income $69,860Niagara County, NYRent $899 · Income $69,633

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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