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
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-Occupied | 71.0% |
| Renter-Occupied | 29.0% |
| Homeownership Rate | 71.0% |
| Total Housing Units | 88 |
| Median Year Built | 1960 |
| Rent Burden | 16.3% |
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