Cost of Living in Coal Valley, IL

Population 4,142 · Illinois · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Coal Valley can reasonably expect a home to cost less than three years of household income — $209,000 against $104,781 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Located 12 miles southeast of Davenport, Coal Valley falls within that metro's commuting orbit. Median home values run roughly 28% higher than Davenport's $163,000.

Cost Overview

Housing 68

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Coal Valley

The median home value in Coal Valley is $208,700 — 32% below the national median of $305,000. The median household income of $104,781/year is 40% higher than the US median of $74,580. The local unemployment rate is 3.3%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Coal Valley has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$208,700
32% below avg
Zillow Home Value
$339,555
Zillow ZHVI
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 93.0%
Renter-occupied 7.0%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
86.2%
Carpooled
5.5%
Work from home
7.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$104,781
40% above avg
Per Capita Income
$48,040
Unemployment Rate
3.3%
32% below avg
Poverty Rate
2.7%
Labor Force Participation
60.1%

🎓 Education

Bachelor's degree+ 19.8%
Graduate degree 13.4%

👥 Demographics

Median Age 46.7
Male median age 45.6
Female median age 49.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
48.8%
Good air days/yr
232
Max AQI recorded
262
PM2.5 days
103
Ozone days

Frequently Asked Questions

What is the cost of living in Coal Valley, IL?

Coal Valley has a cost index of 68 (100 = national average). It is 32% below the national average.

What is the average home price in Coal Valley?

The median home value in Coal Valley is $208,700 according to Zillow and Census data.

What is the median income in Coal Valley?

The median household income in Coal Valley is $104,781 per year (2023 ACS 5-year estimates).

What is the sales tax in Coal Valley, IL?

The combined state and local sales tax rate in Coal Valley is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Coal Valley, IL affordable?

Yes, Coal Valley is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

Coal Valley at a Glance

Population
4,142
Median Income
$104,781
Home Value
$208,700
Unemployment
3.3%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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