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Cost of Living in Piatt County, IL

Population 16,695 · Census ACS 2020–2024 5-year estimates

Median rent$1,046
Median home value$180,600
Median household income$94,811

The median rent in Piatt County, IL is $1,046/month, 18% lower than the Illinois median and 26% lower than the U.S. median. The median home value is $180,600, 46% lower than the national median. Households earn a median of $94,811 a year, 14% higher than the state median.

Affordability

Rent as a share of median income: 13.2%
Income needed for median rent (30% rule): $41,840/yr
Home price-to-income ratio: 1.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $913/mo

Run your own numbers: mortgage calculator · hourly to salary

Piatt County vs. Illinois vs. U.S.

Piatt CountyIllinoisU.S.
Median rent$1,046$1,274$1,413
Median home value$180,600$263,300$332,700
Median household income$94,811$83,390$80,734
Homeownership rate84.8%67.1%65.2%
Bachelor's degree or higher32.9%37.8%35.7%
Poverty rate6.1%11.8%12.5%
Unemployment rate2.8%5.8%5.2%
Work from home7.3%15.9%15.1%
Median age42.839.038.9

FAQ

What is the average rent in Piatt County, IL?

The median gross rent in Piatt County, IL is $1,046 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $41,840 a year in gross income.

Is Piatt County, IL expensive to live in?

Rent there is 26% lower than the U.S. median, and the median home costs about 1.9 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

Wilson County, TXRent $1,069 · Income $94,565Harris County, GARent $1,048 · Income $97,302Pierce County, WIRent $1,044 · Income $92,109Dodge County, MNRent $1,020 · Income $95,739Skamania County, WARent $1,068 · Income $93,265Madison County, IARent $1,036 · Income $90,855

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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