Living in Braidwood, Illinois
Cost of living, income, home prices, rent and demographics of Braidwood · Census data 2020–2024
Braidwood has 6,062 residents with a median age of 46.3. The median household income is $82,202 (about the same as the Illinois median), the median home value is $202,500, the median rent is $1,044/month.
Braidwood at a glance
- Population
- 6,062
- Median age
- 46.3State: 39
- Median household income
- $82,202State: $83,390
- Median home value
- $202,500State: $263,300
- Median rent
- $1,044/moState: $1,274
- Homeowners
- 86.8%
- Bachelor's degree or higher
- 17.5%
- Average commute
- 29 min
Is Braidwood a good place to live?
Pros: Home values 23% lower than the state median; unemployment of 2.5%; a poverty rate of 7.3%.
Cons: Median household income about the same as the Illinois median; an average commute of 29 minutes.
The weather is best in May–June and August–September.
Cost of living in Braidwood
Housing is the biggest part of the cost of living. In Braidwood the median home value is $202,500, 39% lower than the U.S. median. Renters pay a median of $1,044 per month, which is 36.8% of household income. Homeowners with a mortgage pay $1,450 a month in housing costs.
Braidwood median household income
The median household income in Braidwood is $82,202 and the income per person is $39,862. 7.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Braidwood: homes for sale and rent
- Housing units
- 2,961
- Owner-occupied
- 86.8%
- Renter-occupied
- 13.2%
- Vacant
- 12.7%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.34
Braidwood demographics
- Population
- 6,062
- Median age
- 46.3
- Under 18
- 17.8%
- 65 and older
- 19.5%
- Households
- 2,584
- Foreign-born
- 1.9%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Braidwood ›
Education in Braidwood
17.5% of adults 25 and older in Braidwood have a bachelor's degree or higher (Illinois: 37.8%), and 8% have a graduate or professional degree.
Jobs and commute in Braidwood
- Unemployment rate
- 2.5%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 3.8%
- Drive alone
- 84.2%
- Public transit
- 1.1%
- Walk to work
- 0.2%
- Homes with broadband
- 87.6%
Braidwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Braidwood | 6,062 | $82,202 | $202,500 | $1,044 |
| Diamond | 2,984 | $73,201 | $220,200 | $1,357 |
| Godley | 602 | $53,438 | $144,600 | $1,386 |
| Coal City | 5,317 | $72,857 | $201,600 | $1,123 |
| Braceville | 860 | $89,167 | $187,900 | — |
| Lakewood Shores | 459 | $78,693 | $217,100 | $1,234 |
| Carbon Hill | 441 | $103,125 | $238,600 | $1,271 |
| Wilmington | 5,494 | $66,154 | $223,800 | $888 |
| Rest Haven | 455 | $64,531 | $196,400 | $1,332 |
More for people moving to Braidwood
Braidwood ZIP code ›Weather and climate ›Living in Braidwood: FAQ
What is the median household income in Braidwood, IL?
The median household income in Braidwood is $82,202, about the same as 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 Braidwood?
The median home value in Braidwood is $202,500, compared with $263,300 in Illinois.
How much is rent in Braidwood?
The median gross rent in Braidwood is $1,044 per month, about 36.8% of household income.
Is Braidwood, IL a good place to live?
Pluses: home values 23% lower than the state median; unemployment of 2.5%; a poverty rate of 7.3%. Minuses: median household income about the same as the Illinois median; an average commute of 29 minutes.
What is the median age in Braidwood?
The median age in Braidwood is 46.3 years (Illinois: 39).
How long is the commute in Braidwood?
The average commute to work in Braidwood is 29 minutes; 3.8% of workers work from home.
What is the unemployment rate in Braidwood?
The unemployment rate in Braidwood is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Braidwood?
17.5% of adults in Braidwood 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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