Living in Annawan, Illinois
Cost of living, income, home prices, rent and demographics of Annawan · Census data 2020–2024
Annawan has 865 residents with a median age of 40.8. The median household income is $70,729 (15% lower than the Illinois median), the median home value is $135,100, the median rent is $588/month.
Annawan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Annawan at a glance
- Population
- 865
- Median age
- 40.8State: 39
- Median household income
- $70,729State: $83,390
- Median home value
- $135,100State: $263,300
- Median rent
- $588/moState: $1,274
- Homeowners
- 78.2%
- Bachelor's degree or higher
- 28.7%
- Average commute
- 24 min
Is Annawan a good place to live?
Pros: Home values 49% lower than the state median; an average commute of 24 minutes; unemployment of 5%; a poverty rate of 6.7%.
Cons: Median household income 15% lower than the Illinois median.
The weather is best in June to September.
Cost of living in Annawan
Housing is the biggest part of the cost of living. In Annawan the median home value is $135,100, 59% lower than the U.S. median. Renters pay a median of $588 per month, which is 20.5% of household income. Homeowners with a mortgage pay $1,336 a month in housing costs.
Annawan median household income
The median household income in Annawan is $70,729 and the income per person is $41,896. 6.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Annawan: homes for sale and rent
- Housing units
- 435
- Owner-occupied
- 78.2%
- Renter-occupied
- 21.8%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.17
Annawan demographics
- Population
- 865
- Median age
- 40.8
- Under 18
- 22.8%
- 65 and older
- 23%
- Households
- 399
- Foreign-born
- 1.2%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Annawan ›
Education in Annawan
28.7% of adults 25 and older in Annawan have a bachelor's degree or higher (Illinois: 37.8%), and 9.7% have a graduate or professional degree.
Jobs and commute in Annawan
- Unemployment rate
- 5%State: 5.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 6%
- Drive alone
- 85.8%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 86.7%
Annawan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Annawan | 865 | $70,729 | $135,100 | $588 |
| Mineral | 194 | $51,111 | $79,300 | $750 |
| Atkinson | 982 | $57,174 | $119,600 | $734 |
| Sheffield | 874 | $74,750 | $102,400 | $1,047 |
| Neponset | 446 | $61,250 | $67,800 | $850 |
| Hooppole | 182 | $44,261 | $75,000 | — |
| Kewanee | 11,913 | $50,886 | $73,200 | $797 |
| Buda | 517 | $51,771 | $71,600 | $865 |
| Manlius | 306 | $75,500 | $92,200 | $1,029 |
More for people moving to Annawan
Annawan ZIP code ›Weather and climate ›Living in Annawan: FAQ
What is the median household income in Annawan, IL?
The median household income in Annawan is $70,729, 15% 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 Annawan?
The median home value in Annawan is $135,100, compared with $263,300 in Illinois.
How much is rent in Annawan?
The median gross rent in Annawan is $588 per month, about 20.5% of household income.
Is Annawan, IL a good place to live?
Pluses: home values 49% lower than the state median; an average commute of 24 minutes; unemployment of 5%; a poverty rate of 6.7%. Minuses: median household income 15% lower than the Illinois median.
What is the median age in Annawan?
The median age in Annawan is 40.8 years (Illinois: 39).
How long is the commute in Annawan?
The average commute to work in Annawan is 24 minutes; 6% of workers work from home.
What is the unemployment rate in Annawan?
The unemployment rate in Annawan is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Annawan?
28.7% of adults in Annawan 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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