Lacon, Illinois.
Typical home $146,370 (+10.0% in a year). Peoria, IL metro.
to buy the typical home at today's mortgage rate — +$431 (+128%) since Jan 2020.
- 1 year
- Up $13,338 +10%
- $133,032$146,370 since Sep 2025
- 5 years
- Up $40,956 +39%
- $105,414$146,370 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lacon$768
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Lacon, IL rose 10.0% over the past year — faster than the nation's +1.2%.
Living in Lacon, Marshall County, Illinois
Lacon is a city of 1,878 people in Marshall County. Half its households earn more than $63,162 a year and half less, against $71,585 across Marshall County; 15% of its people live below the poverty line. 72% of its homes are lived in by their owners and 28% are rented. Unemployment in Marshall County was 3.9% in August 2026, and the county had 3.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lacon is a small city in Marshall County, Illinois, where most homes are lived in by their owners and a typical home costs well under what it does in much of the country. The population is small and the median age is a little older than a young town's but not an old one's. Incomes are below the county's, and more residents live below the poverty line than is typical, so the town runs on modest budgets. Winters are cold and snowy, with January the coldest month, and summers turn hot by July, with plenty of rain and melted snow through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, the building trades, and professional and business services close behind. Across Marshall County, some of the largest workplaces are Ajinomoto Foods North America, Maker's Pride Wenona and the Henry-Senachwine school district. Few adults hold a four-year degree, and the typical commute is a long one, so many people travel some distance to their jobs. Unemployment in the county is lower than it was a year earlier, and the county has added jobs over the past year.
Things to do. Marshall State Fish and Wildlife Area is a protected area in or beside town, good for time outdoors close to home. A short drive away are Woodford State Fish and Wildlife Area, another protected area, and the Marshall Site, an archaeological site. For a longer day out, the Peoria Zoo is a longer drive away.
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- 799households
- 10%of adults have a degree
- 15%below the poverty line
- 33 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Marshall County had 2,864 jobs in 2025, 3.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 18°; warmest in July, with highs near 87° and lows near 65°. About 25 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lacon weather station, under a mile away (NOAA).
Largest workplaces in Marshall County
- Ajinomoto Foods North AmericaFrozen specialty food manufacturing369
- Maker's Pride WenonaBakery products, dry, manufacturing315
- Henry-Senachwine CUSD 5School district119FTE
- Lacon RehabSkilled nursing facilities111
- Mexichem Specialty ResinsPolyvinyl chloride resins manufacturing100
- B & B TruckingTanker trucking, long-distance82
- Hardin IndustriesFabricated structural metal manufacturing61
- Goldwater Care TolucaSkilled nursing facilities56
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,260 people in all across the county; Lacon has two of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Cold wavesRelatively high
- DroughtRelatively moderate
- Inland floodingRelatively moderate
- TornadoesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lacon’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Marshall County and the Peoria, IL metro.
Lacon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lacon$146,370
- Illinois$295,943
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lacon11
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Lacon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lacon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.