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Peoria County Housing Market

Illinois · 102 counties · Ranked #1189 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$152,600

vs national$152,600 vs $281,900 national

Median Gross Rent

$946/mo

vs national$946 vs $1,163 national

Effective Tax Rate

2.24%

vs national+2.24% vs 1.02% national

Median Household Income

$64,938

vs national$64,938 vs $74,755 national

Affordability Ratio

2.3x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$3,416

Tax as % of Home Value

2.24%

Monthly Owner Cost

$1,057

Renter Income

$34,977

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Frequently Asked Questions

What is the median home value in Peoria County?

The median home value in Peoria County is $152,600. This is below the national median of $281,900.

How much is rent in Peoria County?

The median gross rent in Peoria County is $946 per month.

What is the property tax rate in Peoria County?

The effective property tax rate in Peoria County is 2.24%. The median annual property tax bill is $3,416.

Is Peoria County affordable?

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