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Washburn, IL

Full City Profile · Illinois · Woodford County County

3.2 /5.0
B Good
1,026 Population 1,425/sq mi density
$79,306 Median Income $36,451 per capita
$90,700 Home Value $124,344 Zillow
$900 Median Rent 14.2% income on rent
51°F Avg Temperature 275 sunny days/yr
164 Violent Crime/100K 873 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,306 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$90,700 home value, $900/mo rent
F
Safety
1.0 / 5.0
164 violent crimes/100K
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Housing Overview

Median Home Value
$90,700
68% below
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
507
Median year built: 1938

Home Value by Source

Census Median
$90,700
Zillow (ZHVI)
$124,344
Median Sale Price
$35,000
Median List Price
$185,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.4%
Owner-Occupied
21.6%
Renter-Occupied
78%
22%
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: $900/mo

Market Indicators (Redfin)

Median Days on Market
172 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$26
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
14.2%
of renters spending 30%+ of income on housing
54% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
78.4%

Complete Housing Data

Home Values

Census Median Value$90,700
Zillow Home Value (ZHVI)$124,344
Median Sale Price$35,000
Median List Price$185,000
Price Per Sq Ft$26

Rent

Census Median Rent$900
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 Market172
Sale-to-List Ratio0.9%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$26

Ownership & Stock

Owner-Occupied78.4%
Renter-Occupied21.6%
Homeownership Rate78.4%
Total Housing Units507
Median Year Built1938
Rent Burden14.2%