Herrin, IL

Very Low · 57

Illinois · Population 12,271 · Updated March 2026

$1,016
Median Rent / Month
$58,501
Median Income
$109,100
Median Home Value
$899
Owner Costs / Month

Affordability

How far your income goes in Herrin

20.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$12,192
Annual Rent
$2,896
State Income Tax
$2,258
Property Tax (est.)

Cost of Living Overview

Herrin is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 57 (where 100 equals the national median), Herrin residents can expect to pay median rent of $1,016/month while earning a median household income of $58,501/year.

The median home value in Herrin, IL is $109,100, with typical monthly owner costs around $899 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Herrin.

Frequently Asked Questions

Common questions about living costs in Herrin

What is the cost of living in Herrin, IL?
The cost of living index in Herrin, IL is 57 (US average = 100). Median monthly rent is $1,016, median household income is $58,501/year, and the median home value is $109,100.
Is Herrin, IL affordable?
Yes, Herrin is more affordable than the national average with a cost index of 57. The rent-to-income ratio is 20.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Herrin, IL?
The median gross rent in Herrin, IL is $1,016 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,192.
What is the median household income in Herrin?
The median household income in Herrin, IL is $58,501 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%.