Rockford, IL
147,521Residents
$54,752Median household income
$985/moMedian gross rent
$129,000Median home value
37.7Median age
24%Adults with a bachelor’s degree or higher
55%Homes lived in by their owners
2.4×Home value to household income
Median rent takes about 22% of the median household income in Rockford.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $39,000 a year. In Illinois that leaves roughly $2,632 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.