Cost of Living and Housing in Quincy, Illinois

Quincy has about 39,109 residents. Median gross rent is $837 per month and median household income is $56,480.

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 $837/mo 49% below the dataset median

Median Home Value $153,200 59% below the dataset median

Median Household Income $56,480 33% below the dataset median

Owner-Occupied Homes 64% Share of occupied housing units

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

Home Value-to-Income 2.7x Median value ÷ household income

How Quincy compares

Rent is 49% below the dataset median, while household income is 33% below the dataset median. Within Illinois, Quincy ranks #6 from lowest to highest rent and #109 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 Quincy?

Median gross rent is $837 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Quincy?

The median value of owner-occupied homes is $153,200 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Quincy is $56,480 per year.

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