Cost of Living and Housing in Machesney Park, Illinois

Machesney Park has about 22,630 residents. Median gross rent is $1,102 per month and median household income is $75,489.

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 $1,102/mo 33% below the dataset median

Median Home Value $173,700 54% below the dataset median

Median Household Income $75,489 10% below the dataset median

Owner-Occupied Homes 80% Share of occupied housing units

Rent-to-Income Baseline 18% Annual median rent ÷ household income

Home Value-to-Income 2.3x Median value ÷ household income

How Machesney Park compares

Rent is 33% below the dataset median, while household income is 10% below the dataset median. Within Illinois, Machesney Park ranks #28 from lowest to highest rent and #84 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 Machesney Park?

Median gross rent is $1,102 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Machesney Park?

The median value of owner-occupied homes is $173,700 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Machesney Park is $75,489 per year.

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