B

Byron, IL

Source:

Affordability Score: 71/100

Population: 8,032 · 1 ZIP codes

The affordability dashboard for Byron, IL aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 8,032 residents, then layers in county-level federal data to produce an overall grade of B (71/100). The headline inputs are median household income of $93,613, median home value of $235,000, median rent of $951 per month, and 34.6% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,118 per month (studio $771, 1BR $852, 3BR $1,365, 4BR $1,602). Department of Labor data lists infant center-based childcare at $13,260 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Byron, IL include income, housing, rent. Unemployment currently reads 3.1% and poverty 6.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B+
$93,613
Median household income
Education C
34.6%
Bachelor's degree or higher
Housing A-
2.5x
Home value $235,000 vs income
Commute D
28 min
Average commute time
Rent A+
$1,118/mo
2BR fair market rent (14% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$13,260/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$93,613
▲ 51% vs national
Per Capita Income
$43,618
Unemployment Rate
3.1%
Poverty Rate
6.8%

Housing

Median Home Value
$235,000
▼ 15% vs national
Median Rent
$951/mo
Owner Occupied
81.8%
2BR Fair Market Rent
$1,118/mo
▼ 7% vs national

Fair Market Rents by Bedroom

Studio
$771
1BR
$852
2BR
$1,118
3BR
$1,365
4BR
$1,602

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
34.6%
▲ 5 ppt vs national
High School+
63.4%
Median Age
40.4
Avg. Commute
28 min
▲ 2 min vs national

Childcare Costs

Infant (Center)
$13,260/yr
14% of income
Toddler (Center)
$10,487/yr
Preschool (Center)
$9,100/yr
School-Age (Center)
$3,307/yr

What This Means

Byron, IL receives an overall affordability grade of B (71/100), aggregated from 1 ZIP codes with a total population of 8,032. This area performs well in income and housing and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Byron, IL affordable?
Byron, IL receives an overall affordability grade of B (71/100) based on Census, HUD, FBI, and DOL data. Median household income is $93,613. Median home value is $235,000.
What is the cost of living in Byron?
Key cost metrics: Median rent $951/mo. 2BR fair market rent $1,118/mo. Infant childcare $13,260/yr. Median home value $235,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →