housing costs · Illinois
Housing costs in Morgan 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 | $722 | ± $37 | evidence → |
| 2019–2023 | $710 | ± $35 | evidence → |
| 2018–2022 | $700 | ± $49 | evidence → |
| 2017–2021 | $685 | ± $46 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $130,800 | ± $7,173 | evidence → |
| 2019–2023 | $128,700 | ± $8,657 | evidence → |
| 2018–2022 | $122,000 | ± $4,953 | evidence → |
| 2017–2021 | $110,000 | ± $5,022 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 24.4 % | ± 1.7 % | evidence → |
| 2019–2023 | 23.9 % | ± 1.4 % | evidence → |
| 2018–2022 | 24.9 % | ± 2.5 % | evidence → |
| 2017–2021 | 24.9 % | ± 2.2 % | evidence → |
In context
Median rent in Morgan County is $722, 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.