Living in Cerro Gordo, Illinois
Cost of living, income, home prices, rent and demographics of Cerro Gordo · Census data 2020–2024
Cerro Gordo has 1,349 residents with a median age of 35.9. The median household income is $77,857 (7% lower than the Illinois median), the median home value is $109,200, the median rent is $846/month.
Cerro Gordo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cerro Gordo at a glance
- Population
- 1,349
- Median age
- 35.9State: 39
- Median household income
- $77,857State: $83,390
- Median home value
- $109,200State: $263,300
- Median rent
- $846/moState: $1,274
- Homeowners
- 78.6%
- Bachelor's degree or higher
- 19.1%
- Average commute
- 22 min
Is Cerro Gordo a good place to live?
Pros: Home values 59% lower than the state median; an average commute of 22 minutes; unemployment of 4.2%; a poverty rate of 11%.
Cons: Median household income 7% lower than the Illinois median.
The weather is best in May–June and August–September.
Cost of living in Cerro Gordo
Housing is the biggest part of the cost of living. In Cerro Gordo the median home value is $109,200, 67% lower than the U.S. median. Renters pay a median of $846 per month, which is 24.5% of household income. Homeowners with a mortgage pay $1,197 a month in housing costs.
Cerro Gordo median household income
The median household income in Cerro Gordo is $77,857 and the income per person is $33,783. 11% of residents live below the poverty line (Illinois: 11.8%).
Housing in Cerro Gordo: homes for sale and rent
- Housing units
- 547
- Owner-occupied
- 78.6%
- Renter-occupied
- 21.4%
- Vacant
- 5.3%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.60
Cerro Gordo demographics
- Population
- 1,349
- Median age
- 35.9
- Under 18
- 30.5%
- 65 and older
- 16.7%
- Households
- 518
- Foreign-born
- 0%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Cerro Gordo ›
Education in Cerro Gordo
19.1% of adults 25 and older in Cerro Gordo have a bachelor's degree or higher (Illinois: 37.8%), and 6.6% have a graduate or professional degree.
Jobs and commute in Cerro Gordo
- Unemployment rate
- 4.2%State: 5.8%
- Average commute
- 22 minState: 28 min
- Work from home
- 5.9%
- Drive alone
- 89.7%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 84%
Cerro Gordo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cerro Gordo | 1,349 | $77,857 | $109,200 | $846 |
| Oreana | 1,037 | $89,000 | $137,300 | $907 |
| Argenta | 879 | $73,482 | $106,300 | $1,286 |
| Long Creek | 1,392 | $78,519 | $167,500 | $850 |
| Cisco | 234 | $50,625 | $113,100 | $1,146 |
| Bement | 1,792 | $76,250 | $99,300 | $807 |
| Hammond | 617 | $77,019 | $102,500 | $817 |
| Mount Zion | 5,660 | $103,365 | $201,100 | $744 |
| Decatur | 69,815 | $51,592 | $99,600 | $845 |
More for people moving to Cerro Gordo
Cerro Gordo ZIP code ›Weather and climate ›Living in Cerro Gordo: FAQ
What is the median household income in Cerro Gordo, IL?
The median household income in Cerro Gordo is $77,857, 7% 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 Cerro Gordo?
The median home value in Cerro Gordo is $109,200, compared with $263,300 in Illinois.
How much is rent in Cerro Gordo?
The median gross rent in Cerro Gordo is $846 per month, about 24.5% of household income.
Is Cerro Gordo, IL a good place to live?
Pluses: home values 59% lower than the state median; an average commute of 22 minutes; unemployment of 4.2%; a poverty rate of 11%. Minuses: median household income 7% lower than the Illinois median.
What is the median age in Cerro Gordo?
The median age in Cerro Gordo is 35.9 years (Illinois: 39).
How long is the commute in Cerro Gordo?
The average commute to work in Cerro Gordo is 22 minutes; 5.9% of workers work from home.
What is the unemployment rate in Cerro Gordo?
The unemployment rate in Cerro Gordo is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cerro Gordo?
19.1% of adults in Cerro Gordo 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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