Living in Eldred, Illinois

Cost of living, income, home prices, rent and demographics of Eldred · Census data 2020–2024

Eldred has 172 residents with a median age of 51. The median household income is $80,417 (4% lower than the Illinois median), the median home value is $80,000, the median rent is $605/month.

Eldred is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Eldred at a glance

Population
172
Median age
51State: 39
Median household income
$80,417State: $83,390
Median home value
$80,000State: $263,300
Median rent
$605/moState: $1,274
Homeowners
77.1%
Bachelor's degree or higher
2.7%
Average commute
48 min

Is Eldred a good place to live?

Pros: Home values 70% lower than the state median; unemployment of 3.1%.

Cons: Median household income 4% lower than the Illinois median; an average commute of 48 minutes; a poverty rate of 14%.

The weather is best in May–June and August–September.

Cost of living in Eldred

Housing is the biggest part of the cost of living. In Eldred the median home value is $80,000, 76% lower than the U.S. median. Renters pay a median of $605 per month, which is 20% of household income. Homeowners with a mortgage pay $869 a month in housing costs.

Median home value

Eldred$80,000
Illinois$263,300
United States$332,700

Median monthly rent

Eldred$605
Illinois$1,274
United States$1,413

Eldred median household income

The median household income in Eldred is $80,417 and the income per person is $44,080. 14% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Eldred$80,417
Illinois$83,390
United States$80,734

Housing in Eldred: homes for sale and rent

Housing units
98
Owner-occupied
77.1%
Renter-occupied
22.9%
Vacant
15.3%Includes seasonal homes
Median year built
1940
Average household size
2.07

Eldred demographics

Population
172
Median age
51
Under 18
9.3%
65 and older
27.9%
Households
83
Foreign-born
4.1%
Veterans
14.7%Adults 18+

Race and ethnicity

White94.2%
Hispanic or Latino0.6%
Black0%
Asian2.9%

Hispanic or Latino can be of any race. Population history of Eldred ›

Education in Eldred

2.7% of adults 25 and older in Eldred have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Eldred2.7%
Illinois37.8%
United States35.7%

Jobs and commute in Eldred

Unemployment rate
3.1%State: 5.8%
Average commute
48 minState: 28 min
Work from home
1.1%
Drive alone
94.6%
Public transit
0%
Walk to work
0%
Homes with broadband
75.9%

Eldred vs nearby towns

TownPopulationMedian incomeHome valueRent
Eldred172$80,417$80,000$605
Kampsville264$61,875$86,300$594
Carrollton2,479$60,455$114,000$779
Hardin663$88,875$89,000$476
Fieldon200$61,667$91,300—
Kane201$54,375$80,600$858
White Hall2,257$55,054$63,800$644
Elsberry1,870$49,760$139,000$865
Nebo266$44,625$46,200$950

More for people moving to Eldred

Eldred ZIP code ›Weather and climate ›

Living in Eldred: FAQ

What is the median household income in Eldred, IL?

The median household income in Eldred is $80,417, 4% 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 Eldred?

The median home value in Eldred is $80,000, compared with $263,300 in Illinois.

How much is rent in Eldred?

The median gross rent in Eldred is $605 per month, about 20% of household income.

Is Eldred, IL a good place to live?

Pluses: home values 70% lower than the state median; unemployment of 3.1%. Minuses: median household income 4% lower than the Illinois median; an average commute of 48 minutes; a poverty rate of 14%.

What is the median age in Eldred?

The median age in Eldred is 51 years (Illinois: 39).

How long is the commute in Eldred?

The average commute to work in Eldred is 48 minutes; 1.1% of workers work from home.

What is the unemployment rate in Eldred?

The unemployment rate in Eldred is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Eldred?

2.7% of adults in Eldred 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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