Ford County, IL at a glance
Median household income
$62,439$5,203 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Ford County, IL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Ford County, IL? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Ford County, IL HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $694 | $8,328 | $27,760 | 13.3% |
| 1-Bedroom Apartment | $698 | $8,376 | $27,920 | 13.4% |
| 2-Bedroom ApartmentBenchmark | $916 | $10,992 | $36,640 | 17.6% |
| 3-Bedroom Home | $1,274 | $15,288 | $50,960 | 24.5% |
| 4-Bedroom Home | $1,300 | $15,600 | $52,000 | 25% |
What a typical income covers in Ford County, IL
The 50/30/20 rule applied to the local median of $62,439 a year ($5,203 a month before tax).
What $62,439 leaves after Illinois taxes
Federal income tax, Social Security, Medicare and Illinois tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Illinois
Living in Ford County, IL: common questions
What is the median household income in Ford County, IL?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Ford County, IL is $62,439 per year (approximately $5,203 per month).
What is the average rent in Ford County, IL?
The closest official figure is HUD's Fair Market Rent for 2026: $694 for a studio, $698 for one bedroom, $916 for two, $1,274 for three and $1,300 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Ford County, IL expensive to live in?
Prices there run 7.3% below the U.S. average. BEA's regional price parity for the metro area is 92.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Ford County, IL?
To keep a $916 two-bedroom under 30% of gross income, a household needs about $36,640 a year, or $3,053 a month. That is 59% of what the typical household in Ford County, IL earns.
How much do you need to live comfortably in Ford County, IL?
On the local median income of $62,439 ($5,203 a month before tax), the 50/30/20 rule leaves $2,602 a month for needs like rent, utilities and groceries, $1,561 for everything else and $1,041 for savings or debt. A two-bedroom at $916 takes 35% of the needs share.
How much is the electric bill in Ford County, IL?
Homes in Illinois paid 19.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $179. Your bill depends mostly on heating and cooling.