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Elizabeth, IL
Full City Profile · Illinois · Jo Daviess County County
3.5
/5.0
B+
Good
764
Population
830/sq mi density
$47,500
Median Income
$36,816 per capita
$115,500
Home Value
$190,000 Zillow
$741
Median Rent
29.9% income on rent
48°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$47,500 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$115,500 home value, $741/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher
Housing Overview
Median Home Value
$115,500
59% below
US avg: $281,900
Median Rent
$741/mo
36% below
US avg: $1,163/mo
Homeownership Rate
64.5%
1% below US avg (65.4%)
Total Housing Units
438
Median year built: 1948
Home Value by Source
Census Median
$115,500
Zillow (ZHVI)
$190,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.5%
Owner-Occupied
35.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$741/mo
Affordability & Housing Stock
Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
64.5%
Complete Housing Data
Home Values
| Census Median Value | $115,500 |
| Zillow Home Value (ZHVI) | $190,000 |
Rent
| Census Median Rent | $741 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 64.5% |
| Renter-Occupied | 35.5% |
| Homeownership Rate | 64.5% |
| Total Housing Units | 438 |
| Median Year Built | 1948 |
| Rent Burden | 29.9% |