Vermilion County, IL

Comprehensive housing, income, and cost of living data for Vermilion County, Illinois. Population: 74.1K.

Median Home Price
$110.8K

Based on 18 cities

Median Household Income
$54.5K

Annual household income

Price-to-Income Ratio
2.0x

Highly affordable

Salary Needed to Buy
$31.9K

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

Housing & Finance

Annual Property Tax
$1,666

Average annual amount

Effective Tax Rate
1.50%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$560
Property Tax$139
Insurance$46.17
Total Monthly$745
Historical Home Prices
2015
$69.5K
2016
$70.0K
+0.7%%
2017
$69.8K
-0.2%%
2018
$69.4K
-0.6%%
2019
$70.4K
+1.5%%
2020
$75.6K
+7.4%%
2021
$80.3K
+6.2%%
2022
$83.9K
+4.5%%
2023
$89.9K
+7.1%%
2024
$91.2K
+1.5%%
2025
$92.4K
+1.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
5.5%%

Near national average

Population Density
83

People per square mile

Homicide Rate
11.4

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
77.1%
Black
14.8%
Hispanic
5.4%
Asian
0.9%
Two or More Races
1.6%

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
40.3"

Inches per year

Natural Disaster Risk
High Risk

Score: 79/100

Frequently Asked Questions

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

The median home price in Vermilion County, Illinois is $110.8K. The price-to-income ratio is 2.0x, meaning the median home costs 2.0 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $31.9K per year to buy the median home in Vermilion County, IL. Monthly housing costs break down to $560 for mortgage, $139 for property tax, and $46.17 for insurance.

What is the property tax rate in Vermilion County?

The effective property tax rate in Vermilion County is 1.50%, which comes to approximately $1,666 per year on the median home.

What is the median household income in Vermilion County?

The median household income in Vermilion County, Illinois is $54.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.5%%.

Is Vermilion County a good place to live?

Vermilion County, Illinois has a population of 74.1K. Housing affordability is strong with a price-to-income ratio of 2.0x. The climate averages 52 degrees F with 180 sunny days per year. Compare Vermilion County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.