Living in Basco, Illinois

Cost of living, income, home prices, rent and demographics of Basco · Census data 2020–2024

Basco has 59 residents with a median age of 48.2. The median household income is $40,000 (52% lower than the Illinois median), the median home value is $42,500.

Basco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Basco at a glance

Population
59
Median age
48.2State: 39
Median household income
$40,000State: $83,390
Median home value
$42,500State: $263,300
Homeowners
78.1%
Bachelor's degree or higher
10%
Average commute
25 min

Is Basco a good place to live?

Pros: Home values 84% lower than the state median; an average commute of 25 minutes.

Cons: Median household income 52% lower than the Illinois median; unemployment of 23.5%; a poverty rate of 16.9%.

The weather is best in May–June and August–September.

Cost of living in Basco

Housing is the biggest part of the cost of living. In Basco the median home value is $42,500, 87% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $563 a month in housing costs.

Median home value

Basco$42,500
Illinois$263,300
United States$332,700

Median monthly rent

Illinois$1,274
United States$1,413

Basco median household income

The median household income in Basco is $40,000 and the income per person is $32,898. 16.9% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Basco$40,000
Illinois$83,390
United States$80,734

Housing in Basco: homes for sale and rent

Housing units
47
Owner-occupied
78.1%
Renter-occupied
21.9%
Vacant
31.9%Includes seasonal homes
Median year built
1938
Average household size
1.84

31.9% of homes are vacant most of the year, a sign that Basco has many vacation and second homes.

Basco demographics

Population
59
Median age
48.2
Under 18
18.6%
65 and older
20.3%
Households
32
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White98.3%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Basco ›

Education in Basco

10% of adults 25 and older in Basco have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Basco10%
Illinois37.8%
United States35.7%

Jobs and commute in Basco

Unemployment rate
23.5%State: 5.8%
Average commute
25 minState: 28 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
84.4%

Basco vs nearby towns

TownPopulationMedian incomeHome valueRent
Basco59$40,000$42,500—
West Point201$64,375$39,300—
Elvaston163$38,750$126,800—
Carthage2,291$77,004$112,900$680
Hamilton2,714$56,895$114,100$941
Bowen552$63,750$80,700$579
Ferris105$43,125$77,900—
Keokuk9,662$52,711$104,300$871
Warsaw1,518$58,750$96,100$838

More for people moving to Basco

Basco ZIP code ›Weather and climate ›

Living in Basco: FAQ

What is the median household income in Basco, IL?

The median household income in Basco is $40,000, 52% 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 Basco?

The median home value in Basco is $42,500, compared with $263,300 in Illinois.

Is Basco, IL a good place to live?

Pluses: home values 84% lower than the state median; an average commute of 25 minutes. Minuses: median household income 52% lower than the Illinois median; unemployment of 23.5%; a poverty rate of 16.9%.

What is the median age in Basco?

The median age in Basco is 48.2 years (Illinois: 39).

How long is the commute in Basco?

The average commute to work in Basco is 25 minutes; 0% of workers work from home.

What is the unemployment rate in Basco?

The unemployment rate in Basco is 23.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Basco?

10% of adults in Basco 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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