Illinois money guide

What do you want to know about Illinois? Every link below runs on public Census and Federal Reserve figures for this state.

Key figures

At a glance

Median household income
$80,593
per year
Median home value
$249,933
typical county
Median property tax bill
$5,406
per year
Unemployment rate
6.0%
latest month

Source: U.S. Census Bureau, American Community Survey (5-year); Federal Reserve Bank of St. Louis (FRED).

State vs. national

How Illinois compares to the U.S.

The typical county home value in Illinois runs 23% below the national figure.

Household income+3% vs U.S.
Illinois$63,573
United States$61,735
Home value−23% vs U.S.
Illinois$122,000
United States$157,700
Gross rent−6% vs U.S.
Illinois$765
United States$816
Property taxes+57% vs U.S.
Illinois$2,315
United States$1,479

Median of county-level values. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

Taxes

Property taxes in IllinoisMedian annual real-estate taxes paid in Illinois, plus the effective rate against typical home values, from U.S. Census Bureau American Community Survey data.

Housing & mortgage

Median home value in IllinoisTypical home values in Illinois from U.S. Census Bureau American Community Survey data, with county detail and a comparison against the national figure.

Cost of living

Median gross rent in IllinoisMedian gross rent in Illinois from U.S. Census Bureau American Community Survey data, with county detail and a national comparison.

Income & jobs

Median household income in IllinoisMedian household income in Illinois, from U.S. Census Bureau American Community Survey data, with county-level detail and how it compares with the national figure.Unemployment in IllinoisFederal Reserve (FRED) unemployment series for Illinois.

Investing & retirement

Retirement income in IllinoisMedian household income for householders aged 65 and over in Illinois, next to typical local housing costs, from U.S. Census Bureau data.

Calculators

Illinois Mortgage CalculatorEstimate your numbers with the free Illinois mortgage calculator. Illinois rates applied automatically. Instant results, no sign-up.Illinois Paycheck CalculatorEstimate your numbers with the free Illinois paycheck calculator. Illinois rates applied automatically. Instant results, no sign-up.Illinois Property Tax CalculatorEstimate your numbers with the free Illinois property tax calculator. Illinois rates applied automatically. Instant results, no sign-up.Illinois Tax CalculatorEstimate your numbers with the free Illinois tax calculator. Illinois rates applied automatically. Instant results, no sign-up.

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How we built these numbers

State figures are population-weighted roll-ups of county results from the Census Bureau American Community Survey five-year release. Rates and unemployment series come from the St. Louis Fed. Nothing here is modelled or estimated by us: we publish the public figure and show you where it came from.

Source: U.S. Census Bureau, American Community Survey (5-year); Federal Reserve Bank of St. Louis (FRED).

Browse ZIP codes in Illinois

Income, home values and rent for the largest ZIP codes in the state.

6062960618606326064760639608046061760608606256062360634606146008560657606416062060640606516040260609

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