Cost of Living in Quincy, IL
Population: 39,188 • 2026 Data
$56,372
Median Household Income
-27% vs national
$824
Median Monthly Rent
-39% vs national
$146,100
Median Home Value
-57% vs national
4.2%
Unemployment Rate
Housing in Quincy
The median home value in Quincy, IL is $146,100. Monthly rent for a typical unit averages $824, while total monthly housing costs (including utilities and insurance) average $857.
Rent-to-income ratio: 17.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Quincy, IL is $56,372. The unemployment rate stands at 4.2%, with a labor force of 20,314 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.