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Winnebago County, IL

Rockford

RANK #25 / 996 NAT  ·  #4 / 28 IL  ·  POP 284,591

1YR FORECAST: +6.2%

5YR OUTLOOK: +42%

#17 Best for Investment
Our model projects Winnebago County's housing market to grow +6.2% over the next year, significantly outpacing the national average.

[01] Why Winnebago County?

Winnebago County, Illinois, is distinguished by its natural scenery and recreational opportunities, particularly Rock Cut State Park in Loves Park. The park spans over 3,254 acres, featuring Pierce Lake and Olson Lake, and offers year-round activities like hiking, fishing, swimming, and cross-country skiing. Located in north-central Illinois, Winnebago County is approximately an hour and a half from Chicago. Its county seat, Rockford, was historically known as "the Forest City" and now as the "City of Gardens," boasting attractions like the Anderson Japanese Gardens. The Rock River, a prominent natural feature, flows through the county, with bike and walking paths along its banks. Life in Winnebago County offers a blend of community and access to nature. The county has a higher rate of home ownership and public schools are rated above average. Public transportation, including the Rockford Mass Transit District and the Stateline Mass Transit District, serves various towns, with new rural services launching in July 2025. The economy is driven by manufacturing, healthcare, and logistics, with Rockford serving as a regional hub for industry and innovation. Recent economic developments include increased visitor spending and the ongoing construction of the Hard Rock Casino.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+1.0%

Well below national median

Home Prices
+9.0%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    OSF HealthCare Healthcare
    10,000+
  2. 2
    Walmart Retail
  3. 3
    McDonald's Hospitality
  4. 4
    Taco Bell Hospitality
  5. 5
    Family Dollar Retail
  6. 6
    Subway Hospitality
  7. 7
    U.S. Bank Finance
  8. 8
    ExxonMobil Energy
  9. 9
    Rockford Public School District 205 Education
    5,000+
  10. 10
    Winnebago County Government Government
    1,000+

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

[04] Home Value Growth vs National

Winnebago County U.S. National

The Numbers

DEMOGRAPHICS
Population
284,591
-0.31% YoY
Median Household Income
$61,738
Median Home Value
$146,800
+8.97% 12mo
Median Rent
$941
Average Annual Pay
$59,400
+3.3% YoY
Employment
126,415
+0.9% YoY
Income-to-Home-Value
0.4206
More affordable than average
Migration Inflow
2.23%
of pop. from another state
Bachelor's Degree+
24.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$195,000
Days on Market
26
Active market
Months of Supply
1.6
Seller's market
Sale-to-List Ratio
98.0%
Negotiation room for buyers
Sold Above List
31.0%
Listings w/ Price Drops
22.6%
Building Permits (2024)
284
Single-Family Permits
248

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.8
per 100K · nat avg 6.3
Firearm Fatalities
15.5
per 100K · nat avg 14.8
Injury Deaths
110.1
per 100K · nat avg 76.3
vs National Average
Well above 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)
48.0
Good
Good Air Days
55%
594 of 1,088 days
Unhealthy+ Days (3yr)
20
Includes 2 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
49
2022
43
2023
52
Median AQI · lower is better

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

[07] Score Breakdown

GDP Growth +1.0% 18 percentile
Population Growth -0.3% 16 percentile
Income Growth +6.8% 16 percentile
Vacancy Rate 1.3% 30 percentile
Home Price Change +9.0% 99 percentile
Rent Growth +7.2% 92 percentile
Price/Rent 10x 87 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

Winnebago County ranks #25 out of 996 U.S. counties on the Boom Town Index with a score of 98/100, putting it in the top tier nationally. Job growth of +0.9% and a median household income of $61,738 point to a county with active economic momentum.

Is Winnebago County affordable?

By national standards, Winnebago County is quite affordable. Homes here have a median value of $146,800, and the income-to-home-value ratio of 0.42 is well above the U.S. average — especially with median rent at just $941/month. Residents can generally buy a home without being cost-burdened.

Is Winnebago County growing or shrinking?

Population and employment in Winnebago County are both close to flat — population -0.3% YoY and jobs +0.9%. Home values shifted +9.0% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Winnebago County?

There's a moderate stream of newcomers. About 2.23% of residents moved from another state, which is above average and suggests Winnebago County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Winnebago County?

Home values climbed +9.0% year-over-year, which is a solid pace of appreciation. The median home in Winnebago County is now valued at $146,800. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Vermilion County, IL 98 Adams County, IL 99 Kankakee County, IL 99 Macon County, IL 97 Tazewell County, IL 97 LaSalle County, IL 96 Mahoning County, OH 98 Hinds County, MS 99