Cost of Living in Rockton, IL

Population 8,238 · Illinois · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Rockton can reasonably expect a home to cost less than three years of household income — $222,000 against $109,333 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.

Geographically, Rockton sits roughly 13 miles north of Rockford. Median home values run roughly 84% higher than Rockford's $121,000.

Cost Overview

Housing 73
Rent 66

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

About the Cost of Living in Rockton

The median home value in Rockton is $222,100 — 27% below the national median of $305,000. Median rent runs $864/month, 34% lower than the national median of $1,314/month. The median household income of $109,333/year is 47% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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, Rockton has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$222,100
27% below avg
Zillow Home Value
$244,642
Zillow ZHVI
Median Rent
$864/mo
34% below avg
Price-to-Rent Ratio
21.4x
Favors renting
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 80.7%
Renter-occupied 19.3%

💰 Estimated Monthly Budget

Rent median rent
$864
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,478/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 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
24.8 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
79.7%
Carpooled
9.6%
Work from home
10.0%

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
$109,333
47% above avg
Per Capita Income
$43,523
Unemployment Rate
2.8%
41% below avg
Poverty Rate
6.3%
Labor Force Participation
70.5%

🎓 Education

Bachelor's degree+ 20.6%
Graduate degree 17.7%

👥 Demographics

Median Age 40.1
Male median age 39.7
Female median age 40.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
45.8%
Good air days/yr
242
Max AQI recorded
265
PM2.5 days
100
Ozone days

Frequently Asked Questions

What is the cost of living in Rockton, IL?

Rockton has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Rockton, IL?

The median gross rent in Rockton is $864 per month based on 2023 Census data.

What is the average home price in Rockton?

The median home value in Rockton is $222,100 according to Zillow and Census data.

What is the median income in Rockton?

The median household income in Rockton is $109,333 per year (2023 ACS 5-year estimates).

What is the sales tax in Rockton, IL?

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

Is Rockton, IL affordable?

Yes, Rockton is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.