Knox County, Illinois
Income Data
At a Glance
How Knox County Compares
Detailed Income Statistics
Data Story
About Household Income in Knox County, Illinois
Knox County Faces Significant Income Gap
Knox County's median household income of $53,291 trails the national median of $74,755 by a substantial $21,464. This 29% shortfall represents one of the widest income gaps among Illinois counties.
Among Illinois's Lowest-Income Counties
At $53,291, Knox County ranks well below Illinois's state median of $68,580—roughly $15,300 behind. The county's per capita income of $29,614 significantly lags the state average of $36,009, indicating structural economic challenges.
Knox County Struggles Regionally
Knox County earns roughly $7,900 less than Johnson County and about $25,800 below Jersey County. Among the eight surveyed counties, Knox faces the steepest income disadvantage, suggesting limited employment opportunities.
Housing Affordable but Income-Strained
Knox County's 16.3% rent-to-income ratio offers relative affordability, while median home values of $104,900 rank among the lowest regionally. However, modest incomes leave limited room for other essential expenses and savings.
Build Resilience Through Smart Planning
Knox County's lower incomes require disciplined financial planning and creative strategies to build wealth. Focus on low-cost debt repayment, maximize any available tax credits or employer benefits, and explore free or low-cost financial literacy resources to establish a foundation for future security.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Knox County median
County median: $53,291 per year
vs. County Median
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vs. State Average
-22%
vs. National Median
-29%
Income Adequacy
Your monthly income ($4,441) vs. median rent ($725/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.