Tazewell County, IL

Comprehensive housing, income, and cost of living data for Tazewell County, Illinois. Population: 131.3K.

Median Home Price
$172.4K

Based on 16 cities

Median Household Income
$76.7K

Annual household income

Price-to-Income Ratio
2.2x

Highly affordable

Salary Needed to Buy
$52.9K

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

Housing & Finance

Annual Property Tax
$3,481

Average annual amount

Effective Tax Rate
2.02%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$872
Property Tax$290
Insurance$71.82
Total Monthly$1,233
Historical Home Prices
2015
$119.2K
2016
$117.6K
-1.3%%
2017
$117.5K
-0.1%%
2018
$118.6K
+1.0%%
2019
$118.4K
-0.2%%
2020
$123.5K
+4.3%%
2021
$134.3K
+8.8%%
2022
$143.8K
+7.0%%
2023
$150.0K
+4.3%%
2024
$160.6K
+7.1%%
2025
$175.5K
+9.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
4.9%%

Near national average

Population Density
203

People per square mile

Homicide Rate
1.9

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
92.6%
Black
1.4%
Hispanic
2.6%
Asian
1%
Two or More Races
2.2%

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

Climate & Environment

Average Temperature
52°F

Annual average

Sunny Days
161

Days per year

Annual Rainfall
38.5"

Inches per year

Natural Disaster Risk
High Risk

Score: 84/100

Frequently Asked Questions

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

The median home price in Tazewell County, Illinois is $172.4K. The price-to-income ratio is 2.2x, meaning the median home costs 2.2 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $52.9K per year to buy the median home in Tazewell County, IL. Monthly housing costs break down to $872 for mortgage, $290 for property tax, and $71.82 for insurance.

What is the property tax rate in Tazewell County?

The effective property tax rate in Tazewell County is 2.02%, which comes to approximately $3,481 per year on the median home.

What is the median household income in Tazewell County?

The median household income in Tazewell County, Illinois is $76.7K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.9%%.

Is Tazewell County a good place to live?

Tazewell County, Illinois has a population of 131.3K. Housing affordability is strong with a price-to-income ratio of 2.2x. The climate averages 52 degrees F with 161 sunny days per year. Compare Tazewell County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.