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Kankakee, IL
Full City Profile · Illinois · Kankakee County County
2.7
/5.0
C+
Fair
24,384
Population
1,610/sq mi density
$45,119
Median Income
$24,194 per capita
$105,500
Home Value
$147,935 Zillow
$986
Median Rent
34.9% income on rent
51°F
Avg Temperature
275 sunny days/yr
912
Violent Crime/100K
3,374 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$45,119 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$105,500 home value, $986/mo rent
F
Safety
1.0 / 5.0
912 violent crimes/100K (140% above avg)
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher
Housing Overview
Median Home Value
$105,500
63% below
US avg: $281,900
Median Rent
$986/mo
15% below
US avg: $1,163/mo
Homeownership Rate
49.4%
24% below US avg (65.4%)
Total Housing Units
11,326
Median year built: 1955
Home Value by Source
Census Median
$105,500
Zillow (ZHVI)
$147,935
Median Sale Price
$116,000
Median List Price
$154,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.4%
Owner-Occupied
50.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$914/mo
1 Bedroom
$1,011/mo
2 Bedroom
$1,326/mo
3 Bedroom
$1,745/mo
4 Bedroom
$1,774/mo
Census median rent:
$986/mo
· Zillow rent:
$1,136/mo
Market Indicators (Redfin)
Median Days on Market
90 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
22
Price Drops
20.5%
of listings with price reduction
Price Per Sq Ft
$108
Active Inventory
83
homes for sale
Affordability & Housing Stock
Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
49.4%
Complete Housing Data
Home Values
| Census Median Value | $105,500 |
| Zillow Home Value (ZHVI) | $147,935 |
| Median Sale Price | $116,000 |
| Median List Price | $154,950 |
| Price Per Sq Ft | $108 |
Rent
| Census Median Rent | $986 |
| Zillow Rent (ZORI) | $1,136 |
| FMR Studio | $914 |
| FMR 1-Bedroom | $1,011 |
| FMR 2-Bedroom | $1,326 |
| FMR 3-Bedroom | $1,745 |
| FMR 4-Bedroom | $1,774 |
Market
| Days on Market | 90 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 20.5% |
| Homes Sold | 22 |
| Active Inventory | 83 |
| Price Per Sq Ft | $108 |
Ownership & Stock
| Owner-Occupied | 49.4% |
| Renter-Occupied | 50.6% |
| Homeownership Rate | 49.4% |
| Total Housing Units | 11,326 |
| Median Year Built | 1955 |
| Rent Burden | 34.9% |