Living in Cowden, Illinois
Cost of living, income, home prices, rent and demographics of Cowden · Census data 2020–2024
Cowden has 534 residents with a median age of 32.4. The median household income is $62,031 (26% lower than the Illinois median), the median home value is $77,000, the median rent is $698/month.
Cowden is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cowden at a glance
- Population
- 534
- Median age
- 32.4State: 39
- Median household income
- $62,031State: $83,390
- Median home value
- $77,000State: $263,300
- Median rent
- $698/moState: $1,274
- Homeowners
- 63.9%
- Bachelor's degree or higher
- 10.1%
- Average commute
- 29 min
Is Cowden a good place to live?
Pros: Home values 71% lower than the state median.
Cons: Median household income 26% lower than the Illinois median; an average commute of 29 minutes; unemployment of 8.2%; a poverty rate of 20.5%.
The weather is best in May–June and August–September.
Cost of living in Cowden
Housing is the biggest part of the cost of living. In Cowden the median home value is $77,000, 77% lower than the U.S. median. Renters pay a median of $698 per month, which is 15.5% of household income. Homeowners with a mortgage pay $988 a month in housing costs.
Cowden median household income
The median household income in Cowden is $62,031 and the income per person is $26,580. 20.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Cowden: homes for sale and rent
- Housing units
- 227
- Owner-occupied
- 63.9%
- Renter-occupied
- 36.1%
- Vacant
- 9.7%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.60
Cowden demographics
- Population
- 534
- Median age
- 32.4
- Under 18
- 35.2%
- 65 and older
- 15.4%
- Households
- 205
- Foreign-born
- 0%
- Veterans
- 10.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Cowden ›
Education in Cowden
10.1% of adults 25 and older in Cowden have a bachelor's degree or higher (Illinois: 37.8%), and 5.2% have a graduate or professional degree.
Jobs and commute in Cowden
- Unemployment rate
- 8.2%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 7.4%
- Drive alone
- 81.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.3%
Cowden vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cowden | 534 | $62,031 | $77,000 | $698 |
| Beecher City | 414 | $43,750 | $90,800 | $596 |
| Herrick | 333 | $53,750 | $73,800 | $850 |
| Tower Hill | 422 | $53,352 | $68,300 | $783 |
| Shelbyville | 4,351 | $52,470 | $116,400 | $767 |
| Shumway | 260 | $82,159 | $102,500 | $817 |
| Stewardson | 756 | $61,875 | $109,500 | $779 |
| Oconee | 193 | $74,750 | $91,300 | $850 |
| Strasburg | 507 | $64,219 | $97,600 | $1,071 |
More for people moving to Cowden
Cowden ZIP code ›Weather and climate ›Living in Cowden: FAQ
What is the median household income in Cowden, IL?
The median household income in Cowden is $62,031, 26% 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 Cowden?
The median home value in Cowden is $77,000, compared with $263,300 in Illinois.
How much is rent in Cowden?
The median gross rent in Cowden is $698 per month, about 15.5% of household income.
Is Cowden, IL a good place to live?
Pluses: home values 71% lower than the state median. Minuses: median household income 26% lower than the Illinois median; an average commute of 29 minutes; unemployment of 8.2%; a poverty rate of 20.5%.
What is the median age in Cowden?
The median age in Cowden is 32.4 years (Illinois: 39).
How long is the commute in Cowden?
The average commute to work in Cowden is 29 minutes; 7.4% of workers work from home.
What is the unemployment rate in Cowden?
The unemployment rate in Cowden is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cowden?
10.1% of adults in Cowden 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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