Cost of Living in Alton, IL
Population: 25,430 • 2026 Data
$53,005
Median Household Income
-32% vs national
$948
Median Monthly Rent
-30% vs national
$99,500
Median Home Value
-71% vs national
5.1%
Unemployment Rate
Housing in Alton
The median home value in Alton, IL is $99,500. Monthly rent for a typical unit averages $948, while total monthly housing costs (including utilities and insurance) average $904.
Rent-to-income ratio: 21.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Alton, IL is $53,005. The unemployment rate stands at 5.1%, with a labor force of 12,238 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.