Menard County, Illinois
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Menard County Compares
Detailed Income Statistics
Income Advisory: Menard County
Income Verdict
Menard County has a median household income of $81,334 and per capita income of $41,888 — a gap of $39,446, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $780/month and a median household income of $81,334, rent consumes approximately 11.5% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $81,334 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $41,888 is in line with national norms for individual earners.
Neighbor Context
Menard County earns approximately 18.6% above the Illinois state median household income of $68,580, positioning it favorably within the state.
Data Story
About Household Income in Menard County, Illinois
Menard outpaces national income average
Menard County's median household income of $81,334 sits nearly $6,600 above the national median of $74,755, placing it in the upper income tier nationally. This 8.8% advantage reflects strong earning power compared to the typical American household.
Well above Illinois average
At $81,334, Menard County's median household income exceeds Illinois's state average of $68,580 by $12,754, ranking the county among Illinois's stronger-performing regions. Residents here earn roughly 18.6% more than their typical Illinois peers.
Menard leads its peer group
Menard's $81,334 median income outperforms neighboring Ogle County ($79,244) and significantly exceeds Morgan County ($65,175) and Montgomery County ($61,863). Among the eight-county cluster, only Monroe County ($101,635) earns more.
Housing costs remain manageable
The 11.5% rent-to-income ratio indicates strong housing affordability, well below the 30% threshold that signals cost burden. With a median home value of $179,300 and healthy median income, Menard households have solid breathing room in their budgets.
Build on Menard's income strength
With above-average income and favorable housing ratios, Menard residents are well-positioned to invest in retirement accounts, build emergency savings, and explore wealth-building opportunities. Consider consulting a financial advisor to maximize the county's income advantage.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Menard County
Your income is above the Menard County median
County median: $81,334 per year
vs. County Median
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vs. State Average
+19%
vs. National Median
+9%
Income Adequacy
Your monthly income ($6,778) vs. median rent ($780/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.