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Piatt County Housing Market

Illinois · 102 counties · Ranked #1547 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$173,200

vs national$173,200 vs $281,900 national

Median Gross Rent

$950/mo

vs national$950 vs $1,163 national

Effective Tax Rate

1.76%

vs national+1.76% vs 1.02% national

Median Household Income

$87,516

vs national+$87,516 vs $74,755 national

Affordability Ratio

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$3,040

Tax as % of Home Value

1.76%

Monthly Owner Cost

$1,098

Renter Income

$50,991

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Frequently Asked Questions

What is the median home value in Piatt County?

The median home value in Piatt County is $173,200. This is below the national median of $281,900.

How much is rent in Piatt County?

The median gross rent in Piatt County is $950 per month.

What is the property tax rate in Piatt County?

The effective property tax rate in Piatt County is 1.76%. The median annual property tax bill is $3,040.

Is Piatt County affordable?

With a home-value-to-income ratio of 2x, Piatt 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.