Will County, IL Local Data & Statistics

State: IL
Total population: 701,462 Household income: $109,984 Rent: $1,462

Overview

Total population
701,462
Rent
$1,462
Year built
1992
Household income
$109,984
Per capita income
$47,516
Poverty rate
7.3%
Unemployment rate
4.4%
Household size
2.8 persons
Rent over 30% of income
47.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Illinois
Total population
701,462
Adults over 25
472,441
Total households
244,273
Household size
2.8 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$109,984
Per capita income
$47,516
Poverty rate
7.3%
Unemployment rate
4.4%
Rent over 30% of income
47.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,462
Year built
1992
Households that rent
17.2%
Households that own
82.8%
Rooms per home (all homes)
6.5

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
62.3%
Black
11.8%
Asian
6.4%
Two or more races
11.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
19.8%
Not Hispanic or Latino
80.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
85.3%
Commute time to work
31 mins
Work from home
14.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
27.6%
High school graduate or GED
25.2%
Some college or associate degree
9.7%
Bachelor’s degree or higher
37.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of Will County, IL with: Chicago Metro Area, IL-IN Illinois United States

Will County, IL

Total population701,462
Rent$1,462
Year built1992
Household income$109,984
Per capita income$47,516
Poverty rate7.3%
Unemployment rate4.4%

Chicago Metro Area, IL-IN

Total population9,371,595
Rent$1,430
Year built1971
Household income$90,887
Per capita income$49,513
Poverty rate11.2%
Unemployment rate5.1%

Illinois State

Total population12,694,798
Rent$1,274
Year built1971
Household income$83,390
Per capita income$46,406
Poverty rate11.8%
Unemployment rate5%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric CountyWill County, ILMetro AreaChicago Metro Area, IL-INStateIllinoisCountryUnited States
Total population701,4629,371,59512,694,798334,922,499
Rent$1,462$1,430$1,274$1,413
Year built1992197119711980
Household income$109,984$90,887$83,390$80,734
Per capita income$47,516$49,513$46,406$44,673
Poverty rate7.3%11.2%11.8%12.5%
Unemployment rate4.4%5.1%5%4%

View the full multi-level comparison →

 

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Summary for Will County, IL

Will County is located in Illinois .

Rent & Income

In Will County, the monthly rent is $1,462 and household income is $109,984. Rent is higher than Illinois and similar to the U.S., and household income is higher than both Illinois and the U.S. The poverty rate is 7.3%, which is lower than both Illinois and the national rate.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 17.2% of households. About 47.2% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 37.5% of adults holding a bachelor’s degree or higher. The unemployment rate is 4.4%, which is lower than Illinois and higher than the national rate.

 


 

Will County, IL — Rent vs Household Income

 


 

Will County, IL — Poverty vs Unemployment

 


💰 Rent in Will County, IL (with Utilities)

Estimated Monthly Rent: $1,462 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in Will County, IL

Annual Household Income: $109,984

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in Will County, IL

Estimated Rate: 7.3%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in Will County, IL

In Will County, IL, households that rent: 42,123 (17.2%)

📊 What does the renter household percentage reveal about this area?
Household Type Count Share
Renter-Occupied 42,123 17.2%
Owner-Occupied 202,150 82.8%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in Will County, IL

In Will County, IL, cost-burdened renters (households spending over 30% of income on housing): 19,871 (47.2%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 19,871 47.2%
Other renter households 22,252 52.8%
Total renter households 42,123 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in Will County, IL

Less than High School: 130,571 people (27.6%)

Includes adults who did not complete high school.

High School Graduate or GED: 118,960 people (25.2%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 45,788 people (9.7%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 177,122 people (37.5%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 472,441


📊 Unemployment Rate in Will County, IL

Estimated Rate: 4.4%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.