Wabash County, Illinois

Income Data

-22% vs. Illinois average
$53,650
Median Household Income
$36,323
Per Capita Income

At a Glance

Median Household Income
$53,650
-22% vs. state avg
Per Capita Income
$36,323
-8% vs. national
Income-to-Housing Ratio
51.6%
income as % of home value
Rank in Illinois
#93 / 102
by median household income

How Wabash County Compares

Wabash County$53,650
Illinois Average$68,580
National Median$74,755

Detailed Income Statistics

$53,650
Median Household Income
$36,323
Per Capita Income
$103,900
Median Home Value
51.6%
Income-to-Housing Ratio

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?
The median household income in Wabash County, Illinois is $53,650, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Wabash County?
The per capita income in Wabash County is $36,323, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $53,650.
How does Wabash County compare to the Illinois average?
Wabash County's median household income of $53,650 is lower than the Illinois state average of $68,580. The per capita income is $36,323, compared to the state average of $36,009.
What is the per capita income in Wabash County, Illinois?
The per capita income in Wabash County, Illinois is $36,323, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Wabash County a low-income area in Illinois?
Wabash County's median household income of $53,650 is below the Illinois average of $68,580. The per capita income of $36,323 is also comparable to the state average of $36,009. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Wabash County rank for income in Illinois?
Wabash County ranks #93 out of 102 counties in Illinois by median household income (1 = highest). With a median household income of $53,650 and per capita income of $36,323, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Wabash County

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Your income is above the Wabash County median

County median: $53,650 per year

vs. County Median

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vs. State Average

-22%

vs. National Median

-28%

vs. Wabash County MedianAbout equal
vs. Illinois Average22% below
vs. National Median28% below

Income Adequacy

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Your monthly income ($4,471) vs. median rent ($774/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.