F

Summit Argo, IL

Source:

Affordability Score: 38/100

Population: 11,626 · 1 ZIP codes

The affordability dashboard for Summit Argo, IL aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 11,626 residents, then layers in county-level federal data to produce an overall grade of F (38/100). The headline inputs are median household income of $63,244, median home value of $234,300, median rent of $1,142 per month, and 14.6% 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 $1,781 per month (studio $1,480, 1BR $1,581, 3BR $2,294, 4BR $2,653). Department of Labor data lists infant center-based childcare at $14,473 per year, consuming 23% 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. Pressure points are education, commute, rent, childcare. Unemployment currently reads 5.5% and poverty 11.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$63,244
Median household income
Education F
14.6%
Bachelor's degree or higher
Housing D
3.7x
Home value $234,300 vs income
Commute F
29 min
Average commute time
Rent F
$1,781/mo
2BR fair market rent (34% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare F
$14,473/yr
Center-based infant care (23% of income)

Income & Employment

Median Income
$63,244
▲ 2% vs national
Per Capita Income
$33,970
Unemployment Rate
5.5%
Poverty Rate
11.5%

Housing

Median Home Value
$234,300
▼ 15% vs national
Median Rent
$1,142/mo
Owner Occupied
62.2%
2BR Fair Market Rent
$1,781/mo
▲ 48% vs national

Fair Market Rents by Bedroom

Studio
$1,480
1BR
$1,581
2BR
$1,781
3BR
$2,294
4BR
$2,653

Safety

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

Education & Family

Bachelor's Degree+
14.6%
▼ 15 ppt vs national
High School+
48.2%
Median Age
38.2
Avg. Commute
29 min
▲ 3 min vs national

Childcare Costs

Infant (Center)
$14,473/yr
23% of income
Toddler (Center)
$11,440/yr
Preschool (Center)
$9,837/yr
School-Age (Center)
$4,295/yr

What This Means

Summit Argo, IL receives an overall affordability grade of F (38/100), aggregated from 1 ZIP codes with a total population of 11,626. Challenges include education and commute and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Summit Argo ZIP Codes
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What are common questions about this dashboard?

Is Summit Argo, IL affordable?
Summit Argo, IL receives an overall affordability grade of F (38/100) based on Census, HUD, FBI, and DOL data. Median household income is $63,244. Median home value is $234,300.
What is the cost of living in Summit Argo?
Key cost metrics: Median rent $1,142/mo. 2BR fair market rent $1,781/mo. Infant childcare $14,473/yr. Median home value $234,300.
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 →