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Ford County Housing Market

Illinois · 102 counties · Ranked #581 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$118,100

vs national$118,100 vs $281,900 national

Median Gross Rent

$836/mo

vs national$836 vs $1,163 national

Effective Tax Rate

2.07%

vs national+2.07% vs 1.02% national

Median Household Income

$60,782

vs national$60,782 vs $74,755 national

Affordability Ratio

1.9x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$2,443

Tax as % of Home Value

2.07%

Monthly Owner Cost

$864

Renter Income

$31,194

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Frequently Asked Questions

What is the median home value in Ford County?

The median home value in Ford County is $118,100. This is below the national median of $281,900.

How much is rent in Ford County?

The median gross rent in Ford County is $836 per month.

What is the property tax rate in Ford County?

The effective property tax rate in Ford County is 2.07%. The median annual property tax bill is $2,443.

Is Ford County affordable?

With a home-value-to-income ratio of 1.9x, Ford 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.