Living in Anchor, Illinois
Cost of living, income, home prices, rent and demographics of Anchor · Census data 2020–2024
Anchor has 206 residents with a median age of 34.2. The median household income is $72,250 (13% lower than the Illinois median), the median home value is $98,100.
Anchor is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Anchor at a glance
- Population
- 206
- Median age
- 34.2State: 39
- Median household income
- $72,250State: $83,390
- Median home value
- $98,100State: $263,300
- Homeowners
- 98.6%
- Bachelor's degree or higher
- 3.1%
- Average commute
- 20 min
Is Anchor a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 13% lower than the Illinois median; a poverty rate of 14.4%.
The weather is best in May–June and August–September.
Cost of living in Anchor
Housing is the biggest part of the cost of living. In Anchor the median home value is $98,100, 71% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,159 a month in housing costs.
Anchor median household income
The median household income in Anchor is $72,250 and the income per person is $21,879. 14.4% of residents live below the poverty line (Illinois: 11.8%).
Housing in Anchor: homes for sale and rent
- Housing units
- 85
- Owner-occupied
- 98.6%
- Renter-occupied
- 1.4%
- Vacant
- 14.1%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.82
Anchor demographics
- Population
- 206
- Median age
- 34.2
- Under 18
- 35%
- 65 and older
- 22.3%
- Households
- 73
- Foreign-born
- 0%
- Veterans
- 10.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Anchor ›
Education in Anchor
3.1% of adults 25 and older in Anchor have a bachelor's degree or higher (Illinois: 37.8%), and 0.8% have a graduate or professional degree.
Jobs and commute in Anchor
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 20 minState: 28 min
- Work from home
- 21.1%
- Drive alone
- 73.2%
- Public transit
- 0%
- Walk to work
- 2.8%
- Homes with broadband
- 90.4%
Anchor vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Anchor | 206 | $72,250 | $98,100 | — |
| Colfax | 1,054 | $70,625 | $136,300 | $875 |
| Sibley | 286 | $72,250 | $90,600 | $1,281 |
| Cooksville | 200 | $68,125 | $115,300 | $955 |
| Arrowsmith | 320 | $88,594 | $103,500 | $975 |
| Saybrook | 744 | $52,721 | $98,100 | $923 |
| Gibson City | 3,434 | $42,955 | $153,800 | $943 |
| Fairbury | 3,713 | $70,962 | $162,200 | $776 |
| Ellsworth | 179 | $77,750 | $121,000 | — |
More for people moving to Anchor
Anchor ZIP code ›Weather and climate ›Living in Anchor: FAQ
What is the median household income in Anchor, IL?
The median household income in Anchor is $72,250, 13% 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 Anchor?
The median home value in Anchor is $98,100, compared with $263,300 in Illinois.
Is Anchor, IL a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 20 minutes. Minuses: median household income 13% lower than the Illinois median; a poverty rate of 14.4%.
What is the median age in Anchor?
The median age in Anchor is 34.2 years (Illinois: 39).
How long is the commute in Anchor?
The average commute to work in Anchor is 20 minutes; 21.1% of workers work from home.
What is the unemployment rate in Anchor?
The unemployment rate in Anchor is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Anchor?
3.1% of adults in Anchor 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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