Living in Eldorado, Illinois
Cost of living, income, home prices, rent and demographics of Eldorado · Census data 2020–2024
Eldorado has 3,771 residents with a median age of 46.6. The median household income is $37,154 (55% lower than the Illinois median), the median home value is $66,200, the median rent is $657/month.
Eldorado at a glance
- Population
- 3,771
- Median age
- 46.6State: 39
- Median household income
- $37,154State: $83,390
- Median home value
- $66,200State: $263,300
- Median rent
- $657/moState: $1,274
- Homeowners
- 62.4%
- Bachelor's degree or higher
- 16.6%
- Average commute
- 22 min
Is Eldorado a good place to live?
Pros: Home values 75% lower than the state median; an average commute of 22 minutes; unemployment of 1.7%.
Cons: Median household income 55% lower than the Illinois median; a poverty rate of 22.4%.
The weather is best in May and August to October.
Cost of living in Eldorado
Housing is the biggest part of the cost of living. In Eldorado the median home value is $66,200, 80% lower than the U.S. median. Renters pay a median of $657 per month, which is 26.9% of household income. Homeowners with a mortgage pay $889 a month in housing costs.
Eldorado median household income
The median household income in Eldorado is $37,154 and the income per person is $38,984. 22.4% of residents live below the poverty line (Illinois: 11.8%).
Housing in Eldorado: homes for sale and rent
- Housing units
- 2,134
- Owner-occupied
- 62.4%
- Renter-occupied
- 37.6%
- Vacant
- 11.1%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 1.92
Eldorado demographics
- Population
- 3,771
- Median age
- 46.6
- Under 18
- 17.6%
- 65 and older
- 23.5%
- Households
- 1,898
- Foreign-born
- 1.4%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Eldorado ›
Education in Eldorado
16.6% of adults 25 and older in Eldorado have a bachelor's degree or higher (Illinois: 37.8%), and 4.9% have a graduate or professional degree.
Jobs and commute in Eldorado
- Unemployment rate
- 1.7%State: 5.8%
- Average commute
- 22 minState: 28 min
- Work from home
- 5.2%
- Drive alone
- 78.5%
- Public transit
- 0.1%
- Walk to work
- 2.4%
- Homes with broadband
- 72.8%
Eldorado vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eldorado | 3,771 | $37,154 | $66,200 | $657 |
| Raleigh | 235 | $49,167 | $80,000 | $600 |
| Equality | 609 | $42,443 | $82,900 | $428 |
| Harrisburg | 8,372 | $43,415 | $84,100 | $760 |
| Broughton | 206 | $54,375 | — | — |
| Omaha | 171 | $57,321 | $47,500 | $810 |
| Galatia | 913 | $48,258 | $70,200 | $912 |
| Ridgway | 779 | $46,000 | $75,000 | $667 |
| Norris City | 1,624 | $42,333 | $86,700 | $711 |
More for people moving to Eldorado
Eldorado ZIP code ›Weather and climate ›Living in Eldorado: FAQ
What is the median household income in Eldorado, IL?
The median household income in Eldorado is $37,154, 55% 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 Eldorado?
The median home value in Eldorado is $66,200, compared with $263,300 in Illinois.
How much is rent in Eldorado?
The median gross rent in Eldorado is $657 per month, about 26.9% of household income.
Is Eldorado, IL a good place to live?
Pluses: home values 75% lower than the state median; an average commute of 22 minutes; unemployment of 1.7%. Minuses: median household income 55% lower than the Illinois median; a poverty rate of 22.4%.
What is the median age in Eldorado?
The median age in Eldorado is 46.6 years (Illinois: 39).
How long is the commute in Eldorado?
The average commute to work in Eldorado is 22 minutes; 5.2% of workers work from home.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Eldorado?
16.6% of adults in Eldorado 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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