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Hamilton County Housing Market

Illinois · 102 counties · Ranked #404 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$108,800

vs national$108,800 vs $281,900 national

Median Gross Rent

$566/mo

vs national$566 vs $1,163 national

Effective Tax Rate

1.35%

vs national+1.35% vs 1.02% national

Median Household Income

$61,520

vs national$61,520 vs $74,755 national

Affordability Ratio

1.8x

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

Rent Burden

19.0%

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

More Housing Data

Property Tax (Median)

$1,470

Tax as % of Home Value

1.35%

Monthly Owner Cost

$661

Renter Income

$40,245

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Hamilton County?

The median home value in Hamilton County is $108,800. This is below the national median of $281,900.

How much is rent in Hamilton County?

The median gross rent in Hamilton County is $566 per month.

What is the property tax rate in Hamilton County?

The effective property tax rate in Hamilton County is 1.35%. The median annual property tax bill is $1,470.

Is Hamilton County affordable?

With a home-value-to-income ratio of 1.8x, Hamilton 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.