Living in Belknap, Illinois
Cost of living, income, home prices, rent and demographics of Belknap · Census data 2020–2024
Belknap has 115 residents with a median age of 50.5. The median household income is $67,500 (19% lower than the Illinois median), the median home value is $40,700.
Belknap is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Belknap at a glance
- Population
- 115
- Median age
- 50.5State: 39
- Median household income
- $67,500State: $83,390
- Median home value
- $40,700State: $263,300
- Homeowners
- 72.9%
- Bachelor's degree or higher
- 24.5%
- Average commute
- 28 min
Is Belknap a good place to live?
Pros: Home values 85% lower than the state median; an average commute of 28 minutes; a poverty rate of 6.1%.
Cons: Median household income 19% lower than the Illinois median.
The weather is best in May and August to October.
Cost of living in Belknap
Housing is the biggest part of the cost of living. In Belknap the median home value is $40,700, 88% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Belknap median household income
The median household income in Belknap is $67,500 and the income per person is $34,075. 6.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Belknap: homes for sale and rent
- Housing units
- 56
- Owner-occupied
- 72.9%
- Renter-occupied
- 27.1%
- Vacant
- 14.3%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.40
Belknap demographics
- Population
- 115
- Median age
- 50.5
- Under 18
- 8.7%
- 65 and older
- 13.9%
- Households
- 48
- Foreign-born
- 0%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Belknap ›
Education in Belknap
24.5% of adults 25 and older in Belknap have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Belknap
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 62.5%
Belknap vs nearby towns
More for people moving to Belknap
Belknap ZIP code ›Weather and climate ›Living in Belknap: FAQ
What is the median household income in Belknap, IL?
The median household income in Belknap 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 Belknap?
The median home value in Belknap is $40,700, compared with $263,300 in Illinois.
Is Belknap, IL a good place to live?
Pluses: home values 85% lower than the state median; an average commute of 28 minutes; a poverty rate of 6.1%. Minuses: median household income 19% lower than the Illinois median.
What is the median age in Belknap?
The median age in Belknap is 50.5 years (Illinois: 39).
How long is the commute in Belknap?
The average commute to work in Belknap is 28 minutes; 0% of workers work from home.
What is the unemployment rate in Belknap?
The unemployment rate in Belknap is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Belknap?
24.5% of adults in Belknap 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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