Knox County, IL

Comprehensive housing, income, and cost of living data for Knox County, Illinois. Population: 49.8K.

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Median Home Price

$127.8K

Based on 9 cities

Median Household Income

$53.3K

Annual household income

Price-to-Income Ratio

2.4x

Highly affordable

Salary Needed to Buy

$37.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$2,044

Average annual amount

Effective Tax Rate

1.60%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$646

Property Tax$170

Insurance$53.27

Total Monthly$870

Historical Home Prices

2015

$78.6K

2016

$78.8K

+0.2%%

2017

$80.9K

+2.7%%

2018

$79.8K

-1.3%%

2019

$87.8K

+10.0%%

2020

$94.1K

+7.2%%

2021

$94.8K

+0.8%%

2022

$93.0K

-1.9%%

2023

$95.5K

+2.6%%

2024

$97.2K

+1.9%%

2025

$108.0K

+11.0%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

4.8%%

Near national average

Population Density

People per square mile

Homicide Rate

7.2

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

80.8%

Black

7.7%

Hispanic

6.3%

Asian

Two or More Races

3.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

51°F

Annual average

Sunny Days

183

Days per year

Annual Rainfall

38.4"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 57/100

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