Special Interest

Housing in Hancock County

The inside story on rent prices
Hancock
Illinois
United States
$0
$1,000
$2,000
$3,000
$4,000
$5,000
12%
19%
26%
33%
40%
$1,348
$1,227
$755
$4,283
$4,103
$3,533
Median Monthly Rent for 2 Bdrm
Median Renter Household Income
Rent to Income Ratio %
32%
30%
21%
Source: US Census Bureau - ACS 5 Yr 2023

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Hancock County and Illinois in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Hancock County?

Towns Near Elvaston

City
County
State
Miles
McDonough
IL
0.0 mi.
McDonough
IL
6.4 mi.
McDonough
IL
8.2 mi.
McDonough
IL
8.8 mi.
McDonough
IL
9.3 mi.
McDonough
IL
9.9 mi.
McDonough
IL
10.1 mi.
McDonough
IL
10.6 mi.
McDonough
IL
11.1 mi.
McDonough
IL
11.3 mi.
McDonough
IL
15.3 mi.
Hancock
IL
17.4 mi.
Hancock
IL
17.9 mi.
Hancock
IL
21.4 mi.
Hancock
IL
22.4 mi.
Hancock
IL
24.7 mi.
Hancock
IL
25.9 mi.
Hancock
IL
25.9 mi.
Hancock
IL
26.8 mi.
Hancock
IL
28.7 mi.
Hancock
IL
28.8 mi.
Hancock
IL
33.6 mi.
Hancock
IL
33.9 mi.
Hancock
IL
34.6 mi.
Hancock
IL
35.0 mi.
Hancock
IL
38.5 mi.
Hancock
IL
40.5 mi.
61455
62326
61438
61475
61416
62374
61440
10000 km
Leaflet Map data: © OpenStreetMap

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