Living in Chestnut, Illinois
Cost of living, income, home prices, rent and demographics of Chestnut · Census data 2020–2024
Chestnut has 347 residents with a median age of 47.6. The median household income is $54,091 (35% lower than the Illinois median), the median home value is $135,600.
Chestnut is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chestnut at a glance
- Population
- 347
- Median age
- 47.6State: 39
- Median household income
- $54,091State: $83,390
- Median home value
- $135,600State: $263,300
- Homeowners
- 94.4%
- Bachelor's degree or higher
- 0%
- Average commute
- 23 min
Is Chestnut a good place to live?
Pros: Home values 48% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 35% lower than the Illinois median; a poverty rate of 17.3%.
The weather is best in May–June and August–September.
Cost of living in Chestnut
Housing is the biggest part of the cost of living. In Chestnut the median home value is $135,600, 59% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,285 a month in housing costs.
Chestnut median household income
The median household income in Chestnut is $54,091 and the income per person is $23,011. 17.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Chestnut: homes for sale and rent
- Housing units
- 142
- Owner-occupied
- 94.4%
- Renter-occupied
- 5.6%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.44
Chestnut demographics
- Population
- 347
- Median age
- 47.6
- Under 18
- 33.4%
- 65 and older
- 18.4%
- Households
- 142
- Foreign-born
- 26.8%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Chestnut ›
Education in Chestnut
0% of adults 25 and older in Chestnut have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Chestnut
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 0%
- Drive alone
- 93.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.5%
Chestnut vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chestnut | 347 | $54,091 | $135,600 | — |
| Mount Pulaski | 1,507 | $66,176 | $110,500 | $747 |
| Latham | 297 | $68,333 | $82,500 | $750 |
| Kenney | 349 | $82,813 | $81,500 | $825 |
| Beason | 142 | $55,208 | $104,200 | — |
| Warrensburg | 921 | $81,719 | $145,400 | $775 |
| Lincoln | 13,281 | $57,340 | $124,300 | $828 |
| Maroa | 1,714 | $72,500 | $126,800 | $851 |
| Waynesville | 375 | $60,000 | $95,300 | $670 |
More for people moving to Chestnut
Chestnut ZIP code ›Weather and climate ›Living in Chestnut: FAQ
What is the median household income in Chestnut, IL?
The median household income in Chestnut is $54,091, 35% 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 Chestnut?
The median home value in Chestnut is $135,600, compared with $263,300 in Illinois.
Is Chestnut, IL a good place to live?
Pluses: home values 48% lower than the state median; an average commute of 23 minutes. Minuses: median household income 35% lower than the Illinois median; a poverty rate of 17.3%.
What is the median age in Chestnut?
The median age in Chestnut is 47.6 years (Illinois: 39).
How long is the commute in Chestnut?
The average commute to work in Chestnut is 23 minutes; 0% of workers work from home.
What is the unemployment rate in Chestnut?
The unemployment rate in Chestnut is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chestnut?
0% of adults in Chestnut 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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