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Rio, IL

Full City Profile · Illinois · Mercer County County

3.0 /5.0
B Good
210 Population 677/sq mi density
$62,917 Median Income $29,852 per capita
$104,700 Home Value $164,950 Zillow
$771 Median Rent 28.5% income on rent
49°F Avg Temperature 275 sunny days/yr
400 Violent Crime/100K 3,282 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$62,917 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$104,700 home value, $771/mo rent
F
Safety
1.0 / 5.0
400 violent crimes/100K (5% above avg)
C
Education
2.1 / 5.0
13.8% bachelor's degree or higher

Housing Overview

Median Home Value
$104,700
63% below
US avg: $281,900
Median Rent
$771/mo
34% below
US avg: $1,163/mo
Homeownership Rate
75.3%
15% above US avg (65.4%)
Total Housing Units
87
Median year built: 1972

Home Value by Source

Census Median
$104,700
Zillow (ZHVI)
$164,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.3%
Owner-Occupied
24.7%
Renter-Occupied
75%
25%
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: $771/mo

Affordability & Housing Stock

Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
75.3%

Complete Housing Data

Home Values

Census Median Value$104,700
Zillow Home Value (ZHVI)$164,950

Rent

Census Median Rent$771
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-Occupied75.3%
Renter-Occupied24.7%
Homeownership Rate75.3%
Total Housing Units87
Median Year Built1972
Rent Burden28.5%