Living in Buncombe, Illinois
Cost of living, income, home prices, rent and demographics of Buncombe · Census data 2020–2024
Buncombe has 329 residents with a median age of 25.5. The median household income is $62,500 (25% lower than the Illinois median), the median home value is $50,000.
Buncombe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Buncombe at a glance
- Population
- 329
- Median age
- 25.5State: 39
- Median household income
- $62,500State: $83,390
- Median home value
- $50,000State: $263,300
- Homeowners
- 68.1%
- Bachelor's degree or higher
- 13%
- Average commute
- 21 min
Is Buncombe a good place to live?
Pros: Home values 81% lower than the state median; an average commute of 21 minutes; a poverty rate of 10.3%.
Cons: Median household income 25% lower than the Illinois median; unemployment of 19.7%.
The weather is best in April–May and September–October.
Cost of living in Buncombe
Housing is the biggest part of the cost of living. In Buncombe the median home value is $50,000, 85% lower than the U.S. median. Renters pay a median of — per month, which is 17.5% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.
Buncombe median household income
The median household income in Buncombe is $62,500 and the income per person is $23,327. 10.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Buncombe: homes for sale and rent
- Housing units
- 118
- Owner-occupied
- 68.1%
- Renter-occupied
- 31.9%
- Vacant
- 20.3%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 3.50
Buncombe demographics
- Population
- 329
- Median age
- 25.5
- Under 18
- 30.7%
- 65 and older
- 9.1%
- Households
- 94
- Foreign-born
- 0%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Buncombe ›
Education in Buncombe
13% of adults 25 and older in Buncombe have a bachelor's degree or higher (Illinois: 37.8%), and 1.2% have a graduate or professional degree.
Jobs and commute in Buncombe
- Unemployment rate
- 19.7%State: 5.8%
- Average commute
- 21 minState: 28 min
- Work from home
- 0%
- Drive alone
- 94%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.7%
Buncombe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buncombe | 329 | $62,500 | $50,000 | — |
| Goreville | 1,236 | $68,798 | $131,300 | $968 |
| Vienna | 1,873 | $40,750 | $81,300 | $671 |
| Cypress | 252 | $52,083 | $65,000 | $1,078 |
| Belknap | 115 | $67,500 | $40,700 | — |
| Karnak | 466 | $46,818 | $67,100 | $686 |
| Creal Springs | 324 | $53,125 | $55,800 | $754 |
| Dongola | 553 | $34,145 | $59,900 | $654 |
| New Burnside | 162 | $62,250 | $72,500 | — |
More for people moving to Buncombe
Buncombe ZIP code ›Weather and climate ›Living in Buncombe: FAQ
What is the median household income in Buncombe, IL?
The median household income in Buncombe is $62,500, 25% 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 Buncombe?
The median home value in Buncombe is $50,000, compared with $263,300 in Illinois.
Is Buncombe, IL a good place to live?
Pluses: home values 81% lower than the state median; an average commute of 21 minutes; a poverty rate of 10.3%. Minuses: median household income 25% lower than the Illinois median; unemployment of 19.7%.
What is the median age in Buncombe?
The median age in Buncombe is 25.5 years (Illinois: 39).
How long is the commute in Buncombe?
The average commute to work in Buncombe is 21 minutes; 0% of workers work from home.
What is the unemployment rate in Buncombe?
The unemployment rate in Buncombe is 19.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buncombe?
13% of adults in Buncombe 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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