All Countries
Erie, IL
Full City Profile · Illinois · Henry County County
3.6
/5.0
B+
Good
1,658
Population
1,201/sq mi density
$86,750
Median Income
$37,874 per capita
$147,300
Home Value
$171,502 Zillow
$740
Median Rent
24.4% income on rent
50°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$86,750 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$147,300 home value, $740/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Housing Overview
Median Home Value
$147,300
48% below
US avg: $281,900
Median Rent
$740/mo
36% below
US avg: $1,163/mo
Homeownership Rate
71.6%
9% above US avg (65.4%)
Total Housing Units
797
Median year built: 1967
Home Value by Source
Census Median
$147,300
Zillow (ZHVI)
$171,502
Median Sale Price
$121,000
Median List Price
$212,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.6%
Owner-Occupied
28.4%
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:
$740/mo
Market Indicators (Redfin)
Median Days on Market
63 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$90
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
71.6%
Complete Housing Data
Home Values
| Census Median Value | $147,300 |
| Zillow Home Value (ZHVI) | $171,502 |
| Median Sale Price | $121,000 |
| Median List Price | $212,450 |
| Price Per Sq Ft | $90 |
Rent
| Census Median Rent | $740 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 63 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 50.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $90 |
Ownership & Stock
| Owner-Occupied | 71.6% |
| Renter-Occupied | 28.4% |
| Homeownership Rate | 71.6% |
| Total Housing Units | 797 |
| Median Year Built | 1967 |
| Rent Burden | 24.4% |