Kane County
Illinois · Pop. 516,522
Ranked #34 of 200 counties
54Moderate
Median Home Price
🏠$310K
2.8% YoY
Median Rent
🔑$1,400
Median Income
💰$80K
Rent Burden
📊25.0%
% of income to rent
Housing Shortage
🏗️6,000
estimated unit deficit
Building Permits (2024)
📋2,500
Price-to-Income Ratio
⚖️3.9x
Homeownership Rate
🏡72.5%
How Kane County Compares
| Metric | Kane County | Illinois | National |
|---|---|---|---|
| Home Price | $310K | $263K | $410K |
| Rent | $1,400 | $1,238 | $1,500 |
| Income | $80K | $80K | $75K |
| Rent Burden | 25.0% | 32.5% | 30.0% |
| Homeownership | 72.5% | 67.0% | 65.0% |
Key Takeaways
- • Home prices are 24% below the national average.
- • Rent is 7% below the national average.
- • The county has an estimated housing shortage of 6,000 units.
- • 2,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 2.8%.