Ford County, Illinois
Income Data
At a Glance
How Ford County Compares
Detailed Income Statistics
Data Story
About Household Income in Ford County, Illinois
Ford County below national benchmark
Ford County's median household income of $60,782 falls $13,973 short of the national median of $74,755, placing it in the 30th percentile nationally. This income level is typical of rural Midwestern counties facing population and industry headwinds.
Lower-income county in Illinois
Ford County's household income of $60,782 ranks below the state average of $68,580 by approximately $7,800, putting it in the lower-middle tier of Illinois counties. The county's per capita income of $32,674 also lags the state average of $36,009.
Mid-range among struggling peers
Ford County households earn $60,782, positioning them between Fayette County ($57,113) and Fulton County ($58,617), as well as above Franklin County ($53,471). This places Ford in a slightly stronger position than some nearby agricultural counties but below regional outliers like Effingham.
Rent costs strain household finances
Ford County's rent-to-income ratio of 16.5% exceeds healthy affordability levels, indicating that housing costs consume a significant portion of median income. Combined with a median home value of $118,100, affordability pressures are evident across both rental and ownership markets.
Prioritize emergency savings first
With housing costs taking a larger bite of income, Ford County households should focus on building a three-month emergency fund before investing. Once stabilized, even small contributions to an IRA or employer retirement plan can accumulate meaningfully over decades.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Ford County median
County median: $60,782 per year
vs. County Median
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vs. State Average
-11%
vs. National Median
-19%
Income Adequacy
Your monthly income ($5,065) vs. median rent ($836/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.