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McLean County, IL

RANK #706 / 1001 NAT  ·  #22 / 28 IL  ·  POP 171,556

1YR FORECAST: +0.5%

5YR OUTLOOK: +25%

Our model projects McLean County's housing market at +0.5% over the next year, underperforming most U.S. counties.

[01] Why McLean County?

McLean County, Illinois, the state's largest county by land area, is perhaps best known for Bloomington-Normal, a twin-city area that serves as a regional hub. Located in east-central Illinois, roughly two hours from both Chicago and St. Louis, the county offers a blend of urban amenities and rural landscapes. Commutes within the Bloomington-Normal area are generally manageable, and public transportation, including Connect Transit and SHOW BUS, serves both the urban and rural areas. The Constitution Trail provides miles of paved pathways for walking, running, and biking, while COMLARA Park and Evergreen Lake offer opportunities for camping, boating, fishing, and hiking amidst prairie and woodland habitats.

Life in McLean County offers a balance for families and professionals. The public schools in McLean County are highly rated, with several districts serving the area, including McLean County Unit District No. 5 and Bloomington School District No. 87. The local economy is diverse, with major employers in the insurance and higher education sectors. Recent economic developments include discussions around zoning for potential large-scale data centers, reflecting a focus on technology infrastructure. The county also faces challenges, such as a declining birth rate and childcare shortages, which impact the workforce.

MARKET PROFILE

Idiosyncratic Markets

McLean County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +2.6% YoY, population +0.4%, wages +3.8%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
6.0x

Below national median (11.3x)

Home Prices
+2.6%

Outpacing national median

Climate & Terrain
-3.6

Harsh climate or flat terrain

Price/Rent
12x

Below national median (15x)

Housing is fairly valued at 6.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State Farm Insurance Co. Finance
    10,000+
  2. 2
    Illinois State University Education
    2,500+
  3. 3
    Rivian Automotive Manufacturing
  4. 4
    COUNTRY Financial Finance
    1,000+
  5. 5
    Unit 5 School District Education
  6. 6
    OSF HealthCare Healthcare
  7. 7
    Carle BroMenn Medical Center Healthcare
  8. 8
    McLean County Government Government
    500+
  9. 9
    AFNI Other
  10. 10
    District 87 Schools Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

McLean County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
171,556
+0.39% YoY
Median Household Income
$79,905
Median Home Value
$208,400
+2.59% 12mo
Median Rent
$1,009
Average Annual Pay
$68,720
+3.8% YoY
Employment
86,962
-2.2% YoY
Income-to-Home-Value
0.3834
More affordable than average
Migration Inflow
5.68%
of pop. from another state
Bachelor's Degree+
47.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$278,950
Days on Market
43
Moderate pace
Months of Supply
1.9
Seller's market
Sale-to-List Ratio
100.0%
Near asking price
Sold Above List
41.7%
Listings w/ Price Drops
15.1%
Building Permits (2025)
269
Single-Family Permits
205

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.6
per 100K · nat avg 6.3
Firearm Fatalities
8.5
per 100K · nat avg 14.8
Injury Deaths
59.6
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
48.3
Good
Good Air Days
53%
582 of 1,095 days
Unhealthy+ Days (3yr)
16
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
48
2022
47
2023
50
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,260M
TOTAL
PROJECT AMOUNT STATUS
Clinton Clean Energy Center License Renewal & Upgrades
Constellation
$370M Operating
Dawson Solar Project
Deriva Energy
$300M Proposed
Blooming Grove Storage Energy Center (BESS)
Invenergy, Inc.
$250M Approved
Bright Stalk Wind Farm
EDP Renewables North America
$205M Operating
Gibson City Energy Center – Solar 1
Earthrise Energy
$135M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.4% 39 percentile
Income Growth +2.0% 32 percentile
Vacancy Rate 1.2% 34 percentile
Home Price Change +2.6% 63 percentile
Rent Growth +2.7% 46 percentile
Price/Rent 12x 85 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is McLean County, IL a good place to move to?

At 29/100, McLean County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $79,905 combined with job growth of -2.2% suggests the local economy is struggling to keep pace with national trends.

Is McLean County affordable?

By national standards, McLean County is quite affordable. Homes here have a median value of $208,400, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $1,009/month. Residents can generally buy a home without being cost-burdened.

Is McLean County growing or shrinking?

McLean County's job market is contracting (-2.2% YoY) while population is roughly stable (+0.4% change). Home values are +2.6% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are people moving to McLean County?

In significant numbers — 5.68% of McLean County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Kane County, IL 28 Whiteside County, IL 26 DuPage County, IL 25 St. Clair County, IL 22 Will County, IL 37 Ogle County, IL 20 Kent County, DE 29 Platte County, MO 29