Cost of Living and Housing in Oswego, Illinois

Oswego has about 36,375 residents. Median gross rent is $1,860 per month and median household income is $123,792.

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 $1,860/mo 12% above the dataset median

Median Home Value $344,500 8% below the dataset median

Median Household Income $123,792 47% above the dataset median

Owner-Occupied Homes 88% Share of occupied housing units

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

Home Value-to-Income 2.8x Median value ÷ household income

How Oswego compares

Rent is 12% above the dataset median, while household income is 47% above the dataset median. Within Illinois, Oswego ranks #107 from lowest to highest rent and #20 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 Oswego?

Median gross rent is $1,860 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Oswego?

The median value of owner-occupied homes is $344,500 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Oswego is $123,792 per year.

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