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Shelby County Housing Market

Illinois · 102 counties · Ranked #818 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$130,400

vs national$130,400 vs $281,900 national

Median Gross Rent

$762/mo

vs national$762 vs $1,163 national

Effective Tax Rate

1.50%

vs national+1.50% vs 1.02% national

Median Household Income

$68,457

vs national$68,457 vs $74,755 national

Affordability Ratio

1.9x

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

Rent Burden

21.0%

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

More Housing Data

Property Tax (Median)

$1,955

Tax as % of Home Value

1.50%

Monthly Owner Cost

$792

Renter Income

$47,243

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Shelby County?

The median home value in Shelby County is $130,400. This is below the national median of $281,900.

How much is rent in Shelby County?

The median gross rent in Shelby County is $762 per month.

What is the property tax rate in Shelby County?

The effective property tax rate in Shelby County is 1.50%. The median annual property tax bill is $1,955.

Is Shelby County affordable?

With a home-value-to-income ratio of 1.9x, Shelby 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.