Will County, IL
Comprehensive housing, income, and cost of living data for Will County, Illinois. Population: 696.8K.
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 Will County, IL?
The median home price in Will County, Illinois is $334.8K. The price-to-income ratio is 3.1x, meaning the median home costs 3.1 times the median household income.
What salary do you need to buy a home in Will County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $103.5K per year to buy the median home in Will County, IL. Monthly housing costs break down to $1,693 for mortgage, $583 for property tax, and $139 for insurance.
What is the property tax rate in Will County?
The effective property tax rate in Will County is 2.09%, which comes to approximately $6,993 per year on the median home.
What is the median household income in Will County?
The median household income in Will County, Illinois is $107.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.5%%.
Is Will County a good place to live?
Will County, Illinois has a population of 696.8K. Housing affordability is strong with a price-to-income ratio of 3.1x. The climate averages 51 degrees F with 156 sunny days per year. Compare Will County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.