Living in Alma, Illinois
Cost of living, income, home prices, rent and demographics of Alma · Census data 2020–2024
Alma has 285 residents with a median age of 43.7. The median household income is $67,500 (19% lower than the Illinois median), the median home value is $61,700, the median rent is $534/month.
Alma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Alma at a glance
- Population
- 285
- Median age
- 43.7State: 39
- Median household income
- $67,500State: $83,390
- Median home value
- $61,700State: $263,300
- Median rent
- $534/moState: $1,274
- Homeowners
- 80%
- Bachelor's degree or higher
- 12.4%
- Average commute
- 18 min
Is Alma a good place to live?
Pros: Home values 77% lower than the state median; an average commute of 18 minutes; unemployment of 1.4%; a poverty rate of 8.1%.
Cons: Median household income 19% lower than the Illinois median.
The weather is best in May–June and September–October.
Cost of living in Alma
Housing is the biggest part of the cost of living. In Alma the median home value is $61,700, 81% lower than the U.S. median. Renters pay a median of $534 per month, which is 20% of household income. Homeowners with a mortgage pay $1,038 a month in housing costs.
Alma median household income
The median household income in Alma is $67,500 and the income per person is $33,945. 8.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Alma: homes for sale and rent
- Housing units
- 196
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 23.5%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.90
Alma demographics
- Population
- 285
- Median age
- 43.7
- Under 18
- 19.3%
- 65 and older
- 25.3%
- Households
- 150
- Foreign-born
- 0%
- Veterans
- 10%Adults 18+
Hispanic or Latino can be of any race. Population history of Alma ›
Education in Alma
12.4% of adults 25 and older in Alma have a bachelor's degree or higher (Illinois: 37.8%), and 5.5% have a graduate or professional degree.
Jobs and commute in Alma
- Unemployment rate
- 1.4%State: 5.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 0%
- Drive alone
- 92.1%
- Public transit
- 0.8%
- Walk to work
- 0%
- Homes with broadband
- 90%
Alma vs nearby towns
More for people moving to Alma
Alma ZIP code ›Weather and climate ›Living in Alma: FAQ
What is the median household income in Alma, IL?
The median household income in Alma is $67,500, 19% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alma?
The median home value in Alma is $61,700, compared with $263,300 in Illinois.
How much is rent in Alma?
The median gross rent in Alma is $534 per month, about 20% of household income.
Is Alma, IL a good place to live?
Pluses: home values 77% lower than the state median; an average commute of 18 minutes; unemployment of 1.4%; a poverty rate of 8.1%. Minuses: median household income 19% lower than the Illinois median.
What is the median age in Alma?
The median age in Alma is 43.7 years (Illinois: 39).
How long is the commute in Alma?
The average commute to work in Alma is 18 minutes; 0% of workers work from home.
What is the unemployment rate in Alma?
The unemployment rate in Alma is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alma?
12.4% of adults in Alma have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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