McDonough County, IL
Comprehensive housing, income, and cost of living data for McDonough County, Illinois. Population: 27.4K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in McDonough County, IL?
The median home price in McDonough County, Illinois is $90.6K. The price-to-income ratio is 1.8x, meaning the median home costs 1.8 times the median household income.
What salary do you need to buy a home in McDonough County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $29.2K per year to buy the median home in McDonough County, IL. Monthly housing costs break down to $458 for mortgage, $187 for property tax, and $37.75 for insurance.
What is the property tax rate in McDonough County?
The effective property tax rate in McDonough County is 2.47%, which comes to approximately $2,238 per year on the median home.
What is the median household income in McDonough County?
The median household income in McDonough County, Illinois is $50.4K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.7%%.
Is McDonough County a good place to live?
McDonough County, Illinois has a population of 27.4K. Housing affordability is strong with a price-to-income ratio of 1.8x. The climate averages 52 degrees F with 204 sunny days per year. Compare McDonough County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.