Cost of Living and Housing in Decatur, Illinois

Decatur has about 69,815 residents. Median gross rent is $845 per month and median household income is $51,592.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $845/mo 49% below the dataset median

Median Home Value $99,600 73% below the dataset median

Median Household Income $51,592 39% below the dataset median

Owner-Occupied Homes 63% Share of occupied housing units

Rent-to-Income Baseline 20% Annual median rent ÷ household income

Home Value-to-Income 1.9x Median value ÷ household income

How Decatur compares

Rent is 49% below the dataset median, while household income is 39% below the dataset median. Within Illinois, Decatur ranks #8 from lowest to highest rent and #116 from highest to lowest household income among 123 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Illinois

Frequently asked questions

What is the median rent in Decatur?

Median gross rent is $845 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Decatur?

The median value of owner-occupied homes is $99,600 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Decatur is $51,592 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.