Wabash County, Illinois
Income Data
At a Glance
How Wabash County Compares
Detailed Income Statistics
Data Story
About Household Income in Wabash County, Illinois
Wabash County significantly underperforms nationally
Wabash County's median household income of $53,650 trails the U.S. median of $74,755 by $21,105. This substantial gap places the county among the nation's lowest earners, limiting household financial flexibility.
Lowest earner in the eight-county cohort
At $53,650, Wabash County ranks among Illinois's most economically disadvantaged, earning $14,930 less than the state average of $68,580. Per capita income of $36,323 barely matches the state average of $36,009, indicating most earnings concentrate among few workers.
Tied for weakest income among close counties
Wabash's $53,650 median ties with Wayne County and ranks second-lowest only to Vermilion ($54,537) in the region. The $23,054 deficit versus Tazewell County illustrates severe economic disparity across central Illinois.
Rent strain reaches 17.3 percent threshold
At 17.3% of household income, Wabash County's rent burden approaches the high-stress range, the second-highest in the region. Median home values of $103,900 are among the lowest regionally, offering opportunity for equity building despite income constraints.
Maximize home equity as primary wealth tool
Wabash households earning $53,650 face limited discretionary income but can direct roughly $1,073 monthly to savings with careful budgeting. Leveraging low home prices to build equity through owner-occupied housing and accessing first-time buyer programs should anchor long-term wealth strategies.
Frequently Asked Questions
What is the median household income in Wabash County, Illinois?
How much do people earn in Wabash County?
How does Wabash County compare to the Illinois average?
What is the per capita income in Wabash County, Illinois?
Is Wabash County a low-income area in Illinois?
How does Wabash County rank for income in Illinois?
Income Comparison Calculator
See how your household income compares in Wabash County
Your income is above the Wabash County median
County median: $53,650 per year
vs. County Median
+0%
vs. State Average
-22%
vs. National Median
-28%
Income Adequacy
Your monthly income ($4,471) vs. median rent ($774/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Wabash County, Illinois? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Illinois
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.