Housing costs in Byron?
A typical home costs
$221,700, which is 34.4% less expensive than the national average of
$338,100 and 8.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Byron costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Byron?
To live comfortably in Byron (zip 61010), Illinois, a minimum annual income of
$42,480 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Byron?
The cost of living in Byron, IL (61010) is relatively affordable compared to other areas in the state. According to the most recent census data, the median household income for that area is $59,822, which is slightly lower than the national average. Housing prices are also below the national average with a median home value of $109,400 and an average monthly rent of $850. Groceries and utilities can be expensive as well but are still generally cheaper than the national average. Overall, 61010 Byron, IL offers an affordable lifestyle within close proximity to larger cities such as Rockford and Chicago.