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Ricks Township building 2026-07-03Photo: User:Visviva · CC BY-SA 4.0
ACost of living
Cost of living in Ricks Township

Measured against area pay, Ricks Township costs less to live in than 93% of U.S. towns

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Taylorville, IL micro area ($63K). How TownRatings grades cost of living

Typical home value
$104K
IL $263K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$1,636
IL $5,298
Area income (the grade’s yardstick)
$63K
Taylorville-area median
Why Ricks Township gets an A

The grade compares costs with what households across the Taylorville-area micro earn ($63K, Census 2020–24). The typical home costs 1.7 years of area income, and 45% of renters pay 30% or more of income for housing.

In dollars

  • $930a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026

In paychecks the grade

  • 1.7 yrsof area income buys the typical home; the typical U.S. town: 3.3$63K, Taylorville-area income
  • 15%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 17%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out

What stands out about housing in Ricks Township

Cost of living grade

What’s behind Ricks Township’s grade

Measured against what households in the area earn, Ricks Township is more affordable than 93% of U.S. towns. Property tax pulls the grade down most; home prices hold it up.

All U.S. towns we grade (21,243)More affordable than 93%
CostlierMore affordable
How sure. Ricks Township’s Census figures cover about 482 households. At the ends of the Census margins (area income ±$2,760, owners paying 30%+ ±9.1 points), Ricks Township could be anywhere from A− to A+.

How TownRatings grades cost of living →

Affordability

A typical home costs 1.7 years of area income

The calculator starts from the area income the grade uses. Switch to Ricks Township’s own median, or type yours.

Household income a year
$
Taylorville-area median household income, as in the grade
You could afford about
$224,000
Typical Ricks Township home $104K

That covers a typical Ricks Township home, with $120K to spare.

The typical home, each month
$680
Loan $520Tax $140Insurance $30

A two-bedroom rents for about $930 a month here, $250 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ricks Township’s typical property tax (1.57% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $930

Renters already here pay a median of $766, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$700
2 bedrooms$930
3 bedrooms$1,110
4 bedrooms$1,330
8%
of households rent · IL 33%
29
renter households
45%
of renters spend 30%+ of income on rent · IL 48%
14%
of the median income, for a two-bedroom
$766
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Christian County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Property taxes

Property tax runs below the Illinois norm

The median bill is $1,636 (Illinois: $5,298), 1.57% of a home’s value a year, against 2.01% statewide.

$1,636
median bill a year · IL $5,298
1.57%
of a home’s value a year · IL 2.01%

Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.

Next door

Ricks Township and its neighbors

One source per column.

Cost next door · one source per column

TownCostTypical home
Zillow, latest
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
Ricks TownshipA—$104K1.57%$930

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.

Questions about the cost of living in Ricks Township

Is Ricks Township expensive to live in?

Measured against what households in the area earn, Ricks Township costs less than 93% of U.S. towns: an A for cost of living. The typical home costs 1.7 years of the median household income of the Taylorville, IL micro area ($63K).

How much is rent in Ricks Township?

HUD puts a two-bedroom at about $930 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $766 (Census 2020–24).

What are property taxes in Ricks Township?

The median bill is $1,636 a year, 1.57% of the median home value (Illinois: $5,298, 2.01%), from the Census 2020–24.

Neighbors talk housing

What Ricks Township buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.