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Marion County Housing Market

Illinois · 102 counties · Ranked #265 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$100,100

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

Median Gross Rent

$771/mo

vs national$771 vs $1,163 national

Effective Tax Rate

1.71%

vs national+1.71% vs 1.02% national

Median Household Income

$60,839

vs national$60,839 vs $74,755 national

Affordability Ratio

1.6x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$1,709

Tax as % of Home Value

1.71%

Monthly Owner Cost

$785

Renter Income

$31,988

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Marion County?

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

How much is rent in Marion County?

The median gross rent in Marion County is $771 per month.

What is the property tax rate in Marion County?

The effective property tax rate in Marion County is 1.71%. The median annual property tax bill is $1,709.

Is Marion County affordable?

With a home-value-to-income ratio of 1.6x, Marion 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.