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Cost of Living in Winnebago County, IL

Population 283,292 · Census ACS 2020–2024 5-year estimates

Median rent$1,021
Median home value$164,500
Median household income$65,837

The median rent in Winnebago County, IL is $1,021/month, 20% lower than the Illinois median and 28% lower than the U.S. median. The median home value is $164,500, 51% lower than the national median. Households earn a median of $65,837 a year, 21% lower than the state median.

Affordability

Rent as a share of median income: 18.6%
Income needed for median rent (30% rule): $40,840/yr
Home price-to-income ratio: 2.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $832/mo

Run your own numbers: mortgage calculator · hourly to salary

Winnebago County vs. Illinois vs. U.S.

Winnebago CountyIllinoisU.S.
Median rent$1,021$1,274$1,413
Median home value$164,500$263,300$332,700
Median household income$65,837$83,390$80,734
Homeownership rate65.9%67.1%65.2%
Bachelor's degree or higher25.2%37.8%35.7%
Poverty rate15.6%11.8%12.5%
Unemployment rate7.3%5.8%5.2%
Work from home9.8%15.9%15.1%
Median age39.639.038.9

FAQ

What is the average rent in Winnebago County, IL?

The median gross rent in Winnebago County, IL is $1,021 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $40,840 a year in gross income.

Is Winnebago County, IL expensive to live in?

Rent there is 28% lower than the U.S. median, and the median home costs about 2.5 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

Staunton city, VARent $1,024 · Income $65,581Frio County, TXRent $1,016 · Income $66,010Montgomery County, OHRent $1,026 · Income $66,139Rowan County, NCRent $1,013 · Income $65,725Lee County, NCRent $1,017 · Income $65,387Floyd County, GARent $1,014 · Income $65,565

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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