Dolton, IL

Below Avg · 78

Illinois · Population 20,979 · Updated March 2026

$1,399
Median Rent / Month
$58,706
Median Income
$140,500
Median Home Value
$1,307
Owner Costs / Month

Affordability

How far your income goes in Dolton

28.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Illinois

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
6.25%
Sales Tax
2.07%
Property Tax Rate

Estimated Annual Costs

$16,788
Annual Rent
$2,906
State Income Tax
$2,908
Property Tax (est.)

Cost of Living Overview

Dolton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 78 (where 100 equals the national median), Dolton residents can expect to pay median rent of $1,399/month while earning a median household income of $58,706/year.

The median home value in Dolton, IL is $140,500, with typical monthly owner costs around $1,307 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.6%, Dolton falls within the generally affordable range, though it's approaching the 30% burden threshold.

Illinois has a moderate income tax rate of 4.95%. Combined with a 6.25% sales tax rate and 2.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in Dolton.

Frequently Asked Questions

Common questions about living costs in Dolton

What is the cost of living in Dolton, IL?
The cost of living index in Dolton, IL is 78 (US average = 100). Median monthly rent is $1,399, median household income is $58,706/year, and the median home value is $140,500.
Is Dolton, IL affordable?
Yes, Dolton is more affordable than the national average with a cost index of 78. The rent-to-income ratio is 28.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Dolton, IL?
The median gross rent in Dolton, IL is $1,399 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,788.
What is the median household income in Dolton?
The median household income in Dolton, IL is $58,706 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Illinois?
Illinois has a top income tax rate of 4.95%, a sales tax of 6.25%, and an effective property tax rate of 2.07%.