Living in Broadwell, Illinois
Cost of living, income, home prices, rent and demographics of Broadwell · Census data 2020–2024
Broadwell has 248 residents with a median age of 45.5. The median household income is $61,250 (27% lower than the Illinois median), the median home value is $107,300, the median rent is $725/month.
Broadwell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Broadwell at a glance
- Population
- 248
- Median age
- 45.5State: 39
- Median household income
- $61,250State: $83,390
- Median home value
- $107,300State: $263,300
- Median rent
- $725/moState: $1,274
- Homeowners
- 59.5%
- Bachelor's degree or higher
- 9.6%
- Average commute
- 35 min
Is Broadwell a good place to live?
Pros: Home values 59% lower than the state median; unemployment of 5%; a poverty rate of 8.9%.
Cons: Median household income 27% lower than the Illinois median; an average commute of 35 minutes.
The weather is best in May–June and August–September.
Cost of living in Broadwell
Housing is the biggest part of the cost of living. In Broadwell the median home value is $107,300, 68% lower than the U.S. median. Renters pay a median of $725 per month, which is 25.8% of household income. Homeowners with a mortgage pay $986 a month in housing costs.
Broadwell median household income
The median household income in Broadwell is $61,250 and the income per person is $37,602. 8.9% of residents live below the poverty line (Illinois: 11.8%).
Housing in Broadwell: homes for sale and rent
- Housing units
- 150
- Owner-occupied
- 59.5%
- Renter-occupied
- 40.5%
- Vacant
- 12.7%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 1.89
Broadwell demographics
- Population
- 248
- Median age
- 45.5
- Under 18
- 11.7%
- 65 and older
- 19.8%
- Households
- 131
- Foreign-born
- 0%
- Veterans
- 12.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Broadwell ›
Education in Broadwell
9.6% of adults 25 and older in Broadwell have a bachelor's degree or higher (Illinois: 37.8%), and 1% have a graduate or professional degree.
Jobs and commute in Broadwell
- Unemployment rate
- 5%State: 5.8%
- Average commute
- 35 minState: 28 min
- Work from home
- 12.2%
- Drive alone
- 87.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.2%
Broadwell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Broadwell | 248 | $61,250 | $107,300 | $725 |
| Elkhart | 533 | $108,594 | $121,600 | $839 |
| Lincoln | 13,281 | $57,340 | $124,300 | $828 |
| Middletown | 249 | $52,188 | $60,000 | $721 |
| Williamsville | 1,314 | $106,731 | $199,300 | $943 |
| Mount Pulaski | 1,507 | $66,176 | $110,500 | $747 |
| New Holland | 216 | $77,500 | $87,900 | $858 |
| Hartsburg | 415 | $73,529 | $84,300 | $1,065 |
| Chestnut | 347 | $54,091 | $135,600 | — |
More for people moving to Broadwell
Broadwell ZIP code ›Weather and climate ›Living in Broadwell: FAQ
What is the median household income in Broadwell, IL?
The median household income in Broadwell is $61,250, 27% 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 Broadwell?
The median home value in Broadwell is $107,300, compared with $263,300 in Illinois.
How much is rent in Broadwell?
The median gross rent in Broadwell is $725 per month, about 25.8% of household income.
Is Broadwell, IL a good place to live?
Pluses: home values 59% lower than the state median; unemployment of 5%; a poverty rate of 8.9%. Minuses: median household income 27% lower than the Illinois median; an average commute of 35 minutes.
What is the median age in Broadwell?
The median age in Broadwell is 45.5 years (Illinois: 39).
How long is the commute in Broadwell?
The average commute to work in Broadwell is 35 minutes; 12.2% of workers work from home.
What is the unemployment rate in Broadwell?
The unemployment rate in Broadwell is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Broadwell?
9.6% of adults in Broadwell 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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