Pingree Grove, IL

Average · 105

Illinois · Population 10,576 · Updated March 2026

$1,219
Median Rent / Month
$119,880
Median Income
$298,300
Median Home Value
$2,114
Owner Costs / Month

Affordability

How far your income goes in Pingree Grove

12.2%
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

$14,628
Annual Rent
$5,934
State Income Tax
$6,175
Property Tax (est.)

Cost of Living Overview

Pingree Grove is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 105 (where 100 equals the national median), Pingree Grove residents can expect to pay median rent of $1,219/month while earning a median household income of $119,880/year.

The median home value in Pingree Grove, IL is $298,300, with typical monthly owner costs around $2,114 including mortgage, insurance, and taxes. The median rent-to-income ratio of 12.2% 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 Pingree Grove.

Frequently Asked Questions

Common questions about living costs in Pingree Grove

What is the cost of living in Pingree Grove, IL?
The cost of living index in Pingree Grove, IL is 105 (US average = 100). Median monthly rent is $1,219, median household income is $119,880/year, and the median home value is $298,300.
Is Pingree Grove, IL affordable?
No, Pingree Grove is more expensive than the national average with a cost index of 105. The rent-to-income ratio is 12.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Pingree Grove, IL?
The median gross rent in Pingree Grove, IL is $1,219 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,628.
What is the median household income in Pingree Grove?
The median household income in Pingree Grove, IL is $119,880 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%.