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Grundy County Housing Market

Illinois · 102 counties · Ranked #2424 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$259,200

vs national$259,200 vs $281,900 national

Median Gross Rent

$1,137/mo

vs national$1,137 vs $1,163 national

Effective Tax Rate

2.03%

vs national+2.03% vs 1.02% national

Median Household Income

$93,060

vs national+$93,060 vs $74,755 national

Affordability Ratio

2.8x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$5,260

Tax as % of Home Value

2.03%

Monthly Owner Cost

$1,573

Renter Income

$56,097

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Frequently Asked Questions

What is the median home value in Grundy County?

The median home value in Grundy County is $259,200. This is below the national median of $281,900.

How much is rent in Grundy County?

The median gross rent in Grundy County is $1,137 per month.

What is the property tax rate in Grundy County?

The effective property tax rate in Grundy County is 2.03%. The median annual property tax bill is $5,260.

Is Grundy County affordable?

With a home-value-to-income ratio of 2.8x, Grundy 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.