Lawrence County, IL

Comprehensive housing, income, and cost of living data for Lawrence County, Illinois. Population: 15.3K.

Median Home Price
$89.5K

Based on 3 cities

Median Household Income
$53.4K

Annual household income

Price-to-Income Ratio
1.7x

Highly affordable

Salary Needed to Buy
$25.1K

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

Housing & Finance

Annual Property Tax
$1,156

Average annual amount

Effective Tax Rate
1.29%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$453
Property Tax$96.33
Insurance$37.29
Total Monthly$586
Historical Home Prices
2018
$73.7K
2019
$81.2K
+10.1%%
2020
$89.1K
+9.8%%
2021
$89.6K
+0.6%%
2022
$95.5K
+6.5%%
2023
$91.8K
-3.9%%
2024
$100.3K
+9.3%%
2025
$85.9K
-14.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
4.7%%

Near national average

Population Density
41

People per square mile

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
84.4%
Black
6.7%
Hispanic
2.3%
Asian
0.5%
Two or More Races
5.7%

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

Climate & Environment

Average Temperature
55°F

Annual average

Sunny Days
183

Days per year

Annual Rainfall
46.7"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 49/100

Frequently Asked Questions

What is the median home price in Lawrence County, IL?

The median home price in Lawrence County, Illinois is $89.5K. The price-to-income ratio is 1.7x, meaning the median home costs 1.7 times the median household income.

What salary do you need to buy a home in Lawrence County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $25.1K per year to buy the median home in Lawrence County, IL. Monthly housing costs break down to $453 for mortgage, $96.33 for property tax, and $37.29 for insurance.

What is the property tax rate in Lawrence County?

The effective property tax rate in Lawrence County is 1.29%, which comes to approximately $1,156 per year on the median home.

What is the median household income in Lawrence County?

The median household income in Lawrence County, Illinois is $53.4K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.7%%.

Is Lawrence County a good place to live?

Lawrence County, Illinois has a population of 15.3K. Housing affordability is strong with a price-to-income ratio of 1.7x. The climate averages 55 degrees F with 183 sunny days per year. Compare Lawrence County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.