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Cost of Living in Vermilion County, IL

Population 72,386 · Census ACS 2020–2024 5-year estimates

Median rent$838
Median home value$97,200
Median household income$56,877

The median rent in Vermilion County, IL is $838/month, 34% lower than the Illinois median and 41% lower than the U.S. median. The median home value is $97,200, 71% lower than the national median. Households earn a median of $56,877 a year, 32% lower than the state median.

Affordability

Rent as a share of median income: 17.7%
Income needed for median rent (30% rule): $33,520/yr
Home price-to-income ratio: 1.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $491/mo

Run your own numbers: mortgage calculator · hourly to salary

Vermilion County vs. Illinois vs. U.S.

Vermilion CountyIllinoisU.S.
Median rent$838$1,274$1,413
Median home value$97,200$263,300$332,700
Median household income$56,877$83,390$80,734
Homeownership rate70.2%67.1%65.2%
Bachelor's degree or higher19.2%37.8%35.7%
Poverty rate17.7%11.8%12.5%
Unemployment rate6.1%5.8%5.2%
Work from home9.9%15.9%15.1%
Median age41.339.038.9

FAQ

What is the average rent in Vermilion County, IL?

The median gross rent in Vermilion County, IL is $838 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,520 a year in gross income.

Is Vermilion County, IL expensive to live in?

Rent there is 41% lower than the U.S. median, and the median home costs about 1.7 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

Hopkins County, KYRent $837 · Income $56,815Neshoba County, MSRent $839 · Income $57,013Boone County, WVRent $837 · Income $57,093Independence County, ARRent $845 · Income $56,609Jasper County, TXRent $848 · Income $56,723Levy County, FLRent $850 · Income $56,750

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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