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Lee County Housing Market

Illinois · 102 counties · Ranked #1235 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$155,100

vs national$155,100 vs $281,900 national

Median Gross Rent

$853/mo

vs national$853 vs $1,163 national

Effective Tax Rate

1.92%

vs national+1.92% vs 1.02% national

Median Household Income

$68,459

vs national$68,459 vs $74,755 national

Affordability Ratio

2.3x

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$2,980

Tax as % of Home Value

1.92%

Monthly Owner Cost

$966

Renter Income

$45,213

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Frequently Asked Questions

What is the median home value in Lee County?

The median home value in Lee County is $155,100. This is below the national median of $281,900.

How much is rent in Lee County?

The median gross rent in Lee County is $853 per month.

What is the property tax rate in Lee County?

The effective property tax rate in Lee County is 1.92%. The median annual property tax bill is $2,980.

Is Lee County affordable?

With a home-value-to-income ratio of 2.3x, Lee 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.