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Pekin, IL
Full City Profile · Illinois · Tazewell County County
3.0
/5.0
B
Good
31,812
Population
2,024/sq mi density
$58,355
Median Income
$33,208 per capita
$118,200
Home Value
$134,049 Zillow
$792
Median Rent
25.2% income on rent
53°F
Avg Temperature
275 sunny days/yr
412
Violent Crime/100K
1,929 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$58,355 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$118,200 home value, $792/mo rent
F
Safety
1.0 / 5.0
412 violent crimes/100K (8% above avg)
C+
Education
2.5 / 5.0
18.9% bachelor's degree or higher
Housing Overview
Median Home Value
$118,200
58% below
US avg: $281,900
Median Rent
$792/mo
32% below
US avg: $1,163/mo
Homeownership Rate
66.8%
2% above US avg (65.4%)
Total Housing Units
14,971
Median year built: 1962
Home Value by Source
Census Median
$118,200
Zillow (ZHVI)
$134,049
Median Sale Price
$110,000
Median List Price
$127,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.8%
Owner-Occupied
33.2%
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:
$792/mo
· Zillow rent:
$935/mo
Market Indicators (Redfin)
Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
37
Price Drops
46.0%
of listings with price reduction
Price Per Sq Ft
$85
Active Inventory
37
homes for sale
Affordability & Housing Stock
Rent Burden
25.2%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
66.8%
Complete Housing Data
Home Values
| Census Median Value | $118,200 |
| Zillow Home Value (ZHVI) | $134,049 |
| Median Sale Price | $110,000 |
| Median List Price | $127,450 |
| Price Per Sq Ft | $85 |
Rent
| Census Median Rent | $792 |
| Zillow Rent (ZORI) | $935 |
| 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 | 46 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 46.0% |
| Homes Sold | 37 |
| Active Inventory | 37 |
| Price Per Sq Ft | $85 |
Ownership & Stock
| Owner-Occupied | 66.8% |
| Renter-Occupied | 33.2% |
| Homeownership Rate | 66.8% |
| Total Housing Units | 14,971 |
| Median Year Built | 1962 |
| Rent Burden | 25.2% |