housing costs · Illinois
Housing costs in Franklin County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $803 | ± $51 | evidence → |
| 2019–2023 | $771 | ± $40 | evidence → |
| 2018–2022 | $725 | ± $42 | evidence → |
| 2017–2021 | $645 | ± $29 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $89,000 | ± $3,455 | evidence → |
| 2019–2023 | $87,700 | ± $4,067 | evidence → |
| 2018–2022 | $87,500 | ± $4,017 | evidence → |
| 2017–2021 | $79,200 | ± $2,631 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.8 % | ± 2.1 % | evidence → |
| 2019–2023 | 29.3 % | ± 1.9 % | evidence → |
| 2018–2022 | 28.4 % | ± 2.3 % | evidence → |
| 2017–2021 | 29.5 % | ± 2.3 % | evidence → |
In context
Median rent in Franklin County is $803, below the Illinois median of $811 across 102 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.