Piatt County, IL

Comprehensive housing, income, and cost of living data for Piatt County, Illinois. Population: 16.7K.

Median Home Price
$152.4K

Based on 9 cities

Median Household Income
$87.5K

Annual household income

Price-to-Income Ratio
1.7x

Highly affordable

Salary Needed to Buy
$46.6K

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

Housing & Finance

Annual Property Tax
$3,040

Average annual amount

Effective Tax Rate
2.00%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$770
Property Tax$253
Insurance$63.49
Total Monthly$1,087
Historical Home Prices
2015
$143.8K
2016
$146.9K
+2.1%%
2017
$152.7K
+4.0%%
2018
$149.8K
-1.9%%
2019
$156.9K
+4.7%%
2020
$166.6K
+6.2%%
2021
$174.0K
+4.4%%
2022
$186.8K
+7.3%%
2023
$190.3K
+1.9%%
2024
$195.4K
+2.7%%
2025
$212.7K
+8.8%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
5.3%%

Near national average

Population Density
38

People per square mile

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
95.1%
Black
1.5%
Hispanic
1.6%
Asian
0.2%
Two or More Races
1.5%

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

Climate & Environment

Average Temperature
52°F

Annual average

Sunny Days
180

Days per year

Annual Rainfall
39.3"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 35/100

Frequently Asked Questions

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

The median home price in Piatt County, Illinois is $152.4K. 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 Piatt County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $46.6K per year to buy the median home in Piatt County, IL. Monthly housing costs break down to $770 for mortgage, $253 for property tax, and $63.49 for insurance.

What is the property tax rate in Piatt County?

The effective property tax rate in Piatt County is 2.00%, which comes to approximately $3,040 per year on the median home.

What is the median household income in Piatt County?

The median household income in Piatt County, Illinois is $87.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.3%%.

Is Piatt County a good place to live?

Piatt County, Illinois has a population of 16.7K. Housing affordability is strong with a price-to-income ratio of 1.7x. The climate averages 52 degrees F with 180 sunny days per year. Compare Piatt County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.