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Shannon, IL
Full City Profile · Illinois · Carroll County County
3.8
/5.0
B+
Good
772
Population
1,608/sq mi density
$59,375
Median Income
$34,290 per capita
$114,100
Home Value
$160,359 Zillow
$675
Median Rent
20.0% income on rent
49°F
Avg Temperature
246 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,375 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$114,100 home value, $675/mo rent
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Housing Overview
Median Home Value
$114,100
60% below
US avg: $281,900
Median Rent
$675/mo
42% below
US avg: $1,163/mo
Homeownership Rate
87.4%
34% above US avg (65.4%)
Total Housing Units
366
Median year built: 1959
Home Value by Source
Census Median
$114,100
Zillow (ZHVI)
$160,359
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.4%
Owner-Occupied
12.6%
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:
$675/mo
Affordability & Housing Stock
Rent Burden
20.0%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
87.4%
Complete Housing Data
Home Values
| Census Median Value | $114,100 |
| Zillow Home Value (ZHVI) | $160,359 |
Rent
| Census Median Rent | $675 |
| 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 | 87.4% |
| Renter-Occupied | 12.6% |
| Homeownership Rate | 87.4% |
| Total Housing Units | 366 |
| Median Year Built | 1959 |
| Rent Burden | 20.0% |