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McLean County, IL

RANK #291 / 996  ·  POP 171,284  ·  IL

PROJECTED GROWTH: +1.6%

McLean County combines solid growth with real affordability — a rare combination.

[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.

[02] Market Snapshot

Housing Ratio
2.4x

Undervalued relative to economy

GDP Growth
+1.9%

Below national median

Home Prices
+3.3%

Outpacing national median

Climate & Terrain
-3.6

Harsh climate or flat terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 2.4x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

McLean County U.S. National

The Numbers

DEMOGRAPHICS
Population
171,284
-0.1% YoY
Median Household Income
$75,356
Median Home Value
$191,300
+3.29% 12mo
Median Rent
$941
Average Annual Pay
$66,183
+2.8% YoY
Employment
88,945
+2.1% YoY
Income-to-Home-Value
0.3939
More affordable than average
Migration Inflow
5.04%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$230,500
Days on Market
48
Moderate pace
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
97.7%
Negotiation room for buyers
Sold Above List
28.7%
Listings w/ Price Drops
16.1%
Building Permits (2024)
243
Single-Family Permits
166

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

[05] 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.

[06] Score Breakdown

GDP Growth +1.9% 33 percentile
Population Growth -0.1% 25 percentile
Income Growth +7.1% 19 percentile
Vacancy Rate 1.8% 12 percentile
Home Price Change +3.3% 75 percentile
Rent Growth +4.6% 74 percentile
Price/Rent 12x 67 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

McLean County has a Boom Town Index score of 71/100, ranking #291 among 996 U.S. counties. With job growth at +2.1% and a median household income of $75,356, it's an above-average county on economic indicators.

Is McLean County affordable?

The median home value in McLean County is $191,300 with median rent at $941/month. The income-to-home-value ratio is 0.3939, which is more affordable than the national average.

Is McLean County growing or shrinking?

Population growth: -0.1% year-over-year. Job growth: +2.1%. Home values changed +3.3% in the past 12 months.

Are people moving to McLean County?

Yes — 5.04% of McLean County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Chesapeake city, VA 81 Houston County, AL 81 Vanderburgh County, IN 81 Livingston County, MI 81 Essex County, NJ 81 Berrien County, MI 81 South Central Connecticut Planning Region, CT 81 Saline County, KS 81