Franklin County, Illinois has a 2026 one-unit conforming loan limit of $832,750, which is 9.4 times the county's median home value of $89,000, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $56,740 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $89,000 |
| Illinois median home value | $263,300 |
| Limit ÷ median home value | 9.36× |
| Median household income | $56,740 |
| Median home value ÷ income | 1.6× |
| Population | 37,323 |
| Median property tax paid (owners) | $1,394 |
| Effective property tax rate (approx.) | 1.57% |
| Owner-occupied homes | 74.1% |
| Home value rank in Illinois | 99 of 102 counties |
| Neighbor: Hamilton County, IL | limit $832,750; median home $113,700 |
| Neighbor: Jackson County, IL | limit $832,750; median home $137,300 |
| Neighbor: Jefferson County, IL | limit $832,750; median home $126,000 |
| Neighbor: Perry County, IL | limit $832,750; median home $112,600 |
| Neighbor: Saline County, IL | limit $832,750; median home $94,300 |
| Neighbor: Williamson County, IL | limit $832,750; median home $156,400 |
Across Illinois's 102 counties, FHFA's 2026 one-unit limits are $832,750 everywhere. Franklin County's median home value is 66% below the state median of $263,300 (rank 99 of 102). Among its 6 neighboring counties, Williamson County has the highest median home value ($156,400) and Saline County the lowest ($94,300); all share the same loan limit. Owners pay a median $1,394 a year in property tax, an effective rate of about 1.57% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Franklin County, GA
- 2026 conforming loan limit: Franklin County, IA
- 2026 conforming loan limit: Franklin County, ID
- 2026 conforming loan limit: Franklin County, IN
- 2026 conforming loan limit: Franklin County, KS
- 2026 conforming loan limit: Franklin County, KY
- 2026 conforming loan limit: Franklin County, MA
- 2026 conforming loan limit: Franklin County, ME
Last updated 2026-10-16. Data only, not financial or tax advice.