Lee County, IL

Comprehensive housing, income, and cost of living data for Lee County, Illinois. Population: 34.2K.

Median Home Price
$196.1K

Based on 11 cities

Median Household Income
$68.5K

Annual household income

Price-to-Income Ratio
2.9x

Highly affordable

Salary Needed to Buy
$56.6K

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

Housing & Finance

Annual Property Tax
$2,980

Average annual amount

Effective Tax Rate
1.52%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$992
Property Tax$248
Insurance$81.72
Total Monthly$1,322
Historical Home Prices
2015
$71.2K
2016
$88.1K
+23.7%%
2017
$111.3K
+26.4%%
2018
$114.2K
+2.6%%
2019
$117.6K
+2.9%%
2020
$127.5K
+8.4%%
2021
$138.6K
+8.7%%
2022
$142.7K
+2.9%%
2023
$150.9K
+5.8%%
2024
$158.4K
+5.0%%
2025
$171.3K
+8.1%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
5.1%%

Near national average

Population Density
47

People per square mile

Homicide Rate
10.0

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
84.3%
Black
5.4%
Hispanic
7.2%
Asian
0.5%
Two or More Races
2.5%

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

Climate & Environment

Average Temperature
49°F

Annual average

Sunny Days
163

Days per year

Annual Rainfall
38.2"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 54/100

Frequently Asked Questions

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

The median home price in Lee County, Illinois is $196.1K. The price-to-income ratio is 2.9x, meaning the median home costs 2.9 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $56.6K per year to buy the median home in Lee County, IL. Monthly housing costs break down to $992 for mortgage, $248 for property tax, and $81.72 for insurance.

What is the property tax rate in Lee County?

The effective property tax rate in Lee County is 1.52%, which comes to approximately $2,980 per year on the median home.

What is the median household income in Lee County?

The median household income in Lee County, Illinois is $68.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.1%%.

Is Lee County a good place to live?

Lee County, Illinois has a population of 34.2K. Housing affordability is strong with a price-to-income ratio of 2.9x. The climate averages 49 degrees F with 163 sunny days per year. Compare Lee County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.