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Coles County Housing Market

Illinois · 102 counties · Ranked #660 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$121,900

vs national$121,900 vs $281,900 national

Median Gross Rent

$793/mo

vs national$793 vs $1,163 national

Effective Tax Rate

2.05%

vs national+2.05% vs 1.02% national

Median Household Income

$56,040

vs national$56,040 vs $74,755 national

Affordability Ratio

2.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,494

Tax as % of Home Value

2.05%

Monthly Owner Cost

$830

Renter Income

$34,936

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Frequently Asked Questions

What is the median home value in Coles County?

The median home value in Coles County is $121,900. This is below the national median of $281,900.

How much is rent in Coles County?

The median gross rent in Coles County is $793 per month.

What is the property tax rate in Coles County?

The effective property tax rate in Coles County is 2.05%. The median annual property tax bill is $2,494.

Is Coles County affordable?

With a home-value-to-income ratio of 2.2x, Coles County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.