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Forest City, IL

Full City Profile · Illinois · Mason County County

2.9 /5.0
C+ Fair
225 Population 433/sq mi density
$63,125 Median Income $28,239 per capita
$70,000 Home Value $88,695 Zillow
$920 Median Rent 16.3% income on rent
52°F Avg Temperature 275 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$63,125 median income, 9.8% unemployment
A+
Affordability
5.0 / 5.0
$70,000 home value, $920/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher

Housing Overview

Median Home Value
$70,000
75% below
US avg: $281,900
Median Rent
$920/mo
21% below
US avg: $1,163/mo
Homeownership Rate
71.0%
9% above US avg (65.4%)
Total Housing Units
88
Median year built: 1960

Home Value by Source

Census Median
$70,000
Zillow (ZHVI)
$88,695
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.0%
Owner-Occupied
29.0%
Renter-Occupied
71%
29%
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: $920/mo

Affordability & Housing Stock

Rent Burden
16.3%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
71.0%

Complete Housing Data

Home Values

Census Median Value$70,000
Zillow Home Value (ZHVI)$88,695

Rent

Census Median Rent$920
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-Occupied71.0%
Renter-Occupied29.0%
Homeownership Rate71.0%
Total Housing Units88
Median Year Built1960
Rent Burden16.3%