Pike County, Illinois
Income Data
At a Glance
How Pike County Compares
Detailed Income Statistics
Data Story
About Household Income in Pike County, Illinois
Pike County lags the national median
Pike County's median household income of $58,029 falls 22% short of the U.S. median of $74,755, placing it in the lower tier nationally. This gap reflects Pike's rural character and limited high-wage employment sectors.
Below Illinois state average
Pike County earns $10,551 less than the Illinois state median of $68,580, ranking among the state's lower-income counties. Per capita income of $30,438 also trails the state average of $36,009 by roughly 15%.
Pike ranks among the county cluster's lowest
Pike County's $58,029 places it second-lowest among the eight surveyed counties, just above Pulaski ($43,227) and nearly tied with Perry ($59,286). Neighboring Randolph ($68,870) and Putnam ($77,526) both earn notably more.
Housing costs remain manageable
Pike County's 13.6% rent-to-income ratio keeps housing costs well within the healthy range, suggesting renters spend a modest share of earnings on shelter. The median home value of $100,100 aligns reasonably with local income levels.
Every dollar counts toward financial security
Pike County households can build wealth through disciplined budgeting and starting investment habits early, even with modest incomes. Low-cost index funds and automatic savings plans allow residents to participate in long-term market growth.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Pike County median
County median: $58,029 per year
vs. County Median
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vs. State Average
-15%
vs. National Median
-22%
Income Adequacy
Your monthly income ($4,836) vs. median rent ($659/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.