Morgan County, Illinois
Income Data
At a Glance
How Morgan County Compares
Detailed Income Statistics
Data Story
About Household Income in Morgan County, Illinois
Morgan lags national income averages
Morgan County's median household income of $65,175 falls $9,580 short of the national median of $74,755, representing a 12.8% disadvantage. The county earns notably less than the typical American household.
Below Illinois average but stable
Morgan County's $65,175 median income trails Illinois's state average of $68,580 by $3,405, or 5.0%. The county ranks in the lower-middle tier among Illinois counties.
Morgan outpaces only Montgomery
Morgan's $65,175 exceeds only Montgomery County ($61,863) but falls well behind Mercer ($71,710), Moultrie ($71,676), Ogle ($79,244), Menard ($81,334), and Monroe ($101,635). Peer comparison shows limited economic momentum.
Moderate housing cost pressure
Morgan's 13.1% rent-to-income ratio suggests reasonable housing affordability, though the lower income base limits flexibility. Median home values of $128,700 remain modest, supporting relatively accessible homeownership.
Morgan residents must prioritize basics
Below-average incomes require Morgan households to focus first on steady employment and skill development. Start small with savings goals, leverage any employer benefits, and explore community financial literacy resources to build long-term security.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Morgan County median
County median: $65,175 per year
vs. County Median
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vs. State Average
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vs. National Median
-13%
Income Adequacy
Your monthly income ($5,431) vs. median rent ($710/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.