Living in Elliott, Illinois

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

Elliott has 258 residents with a median age of 27.3. The median household income is $51,094 (39% lower than the Illinois median), the median home value is $83,800, the median rent is $736/month.

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

Elliott at a glance

Population
258
Median age
27.3State: 39
Median household income
$51,094State: $83,390
Median home value
$83,800State: $263,300
Median rent
$736/moState: $1,274
Homeowners
85.4%
Bachelor's degree or higher
12.6%
Average commute
29 min

Is Elliott a good place to live?

Pros: Home values 68% lower than the state median; unemployment of 1.7%.

Cons: Median household income 39% lower than the Illinois median; an average commute of 29 minutes; a poverty rate of 16.4%.

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

Cost of living in Elliott

Housing is the biggest part of the cost of living. In Elliott the median home value is $83,800, 75% lower than the U.S. median. Renters pay a median of $736 per month, which is 23.9% of household income. Homeowners with a mortgage pay $868 a month in housing costs.

Median home value

Elliott$83,800
Illinois$263,300
United States$332,700

Median monthly rent

Elliott$736
Illinois$1,274
United States$1,413

Elliott median household income

The median household income in Elliott is $51,094 and the income per person is $23,587. 16.4% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Elliott$51,094
Illinois$83,390
United States$80,734

Housing in Elliott: homes for sale and rent

Housing units
109
Owner-occupied
85.4%
Renter-occupied
14.6%
Vacant
11.9%Includes seasonal homes
Median year built
1949
Average household size
2.69

Elliott demographics

Population
258
Median age
27.3
Under 18
33.3%
65 and older
16.3%
Households
96
Foreign-born
1.2%
Veterans
5.2%Adults 18+

Race and ethnicity

White95.3%
Hispanic or Latino2.3%
Black0%
Asian0%

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

Education in Elliott

12.6% of adults 25 and older in Elliott have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Elliott12.6%
Illinois37.8%
United States35.7%

Jobs and commute in Elliott

Unemployment rate
1.7%State: 5.8%
Average commute
29 minState: 28 min
Work from home
8.2%
Drive alone
91.8%
Public transit
0%
Walk to work
0%
Homes with broadband
93.8%

Elliott vs nearby towns

TownPopulationMedian incomeHome valueRent
Elliott258$51,094$83,800$736
Gibson City3,434$42,955$153,800$943
Melvin430$43,958$66,300$681
Paxton4,131$62,386$120,400$784
Ludlow372$45,000$72,500$1,024
Sibley286$72,250$90,600$1,281
Loda279$80,250$108,300—
Fisher1,605$97,702$190,100$917
Roberts487$60,500$59,700$865

More for people moving to Elliott

Elliott ZIP code ›Weather and climate ›

Living in Elliott: FAQ

What is the median household income in Elliott, IL?

The median household income in Elliott is $51,094, 39% 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 Elliott?

The median home value in Elliott is $83,800, compared with $263,300 in Illinois.

How much is rent in Elliott?

The median gross rent in Elliott is $736 per month, about 23.9% of household income.

Is Elliott, IL a good place to live?

Pluses: home values 68% lower than the state median; unemployment of 1.7%. Minuses: median household income 39% lower than the Illinois median; an average commute of 29 minutes; a poverty rate of 16.4%.

What is the median age in Elliott?

The median age in Elliott is 27.3 years (Illinois: 39).

How long is the commute in Elliott?

The average commute to work in Elliott is 29 minutes; 8.2% of workers work from home.

What is the unemployment rate in Elliott?

The unemployment rate in Elliott is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elliott?

12.6% of adults in Elliott 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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