Living in Forsyth, Illinois
Cost of living, income, home prices, rent and demographics of Forsyth · Census data 2020–2024
Forsyth has 3,502 residents with a median age of 41.6. The median household income is $112,000 (34% higher than the Illinois median), the median home value is $281,000, the median rent is $1,222/month.
Forsyth at a glance
- Population
- 3,502
- Median age
- 41.6State: 39
- Median household income
- $112,000State: $83,390
- Median home value
- $281,000State: $263,300
- Median rent
- $1,222/moState: $1,274
- Homeowners
- 92.6%
- Bachelor's degree or higher
- 59.3%
- Average commute
- 18 min
Is Forsyth a good place to live?
Pros: Median household income 34% higher than the Illinois median; an average commute of 18 minutes; unemployment of 4.6%; a poverty rate of 11.3%.
Cons: Home values 7% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Forsyth
Housing is the biggest part of the cost of living. In Forsyth the median home value is $281,000, 16% lower than the U.S. median. Renters pay a median of $1,222 per month, which is 24.9% of household income. Homeowners with a mortgage pay $2,263 a month in housing costs.
Forsyth median household income
The median household income in Forsyth is $112,000 and the income per person is $61,077. 11.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Forsyth: homes for sale and rent
- Housing units
- 1,300
- Owner-occupied
- 92.6%
- Renter-occupied
- 7.4%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 2.75
Forsyth demographics
- Population
- 3,502
- Median age
- 41.6
- Under 18
- 29.2%
- 65 and older
- 19.4%
- Households
- 1,252
- Foreign-born
- 6.9%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Forsyth ›
Education in Forsyth
59.3% of adults 25 and older in Forsyth have a bachelor's degree or higher (Illinois: 37.8%), and 20.8% have a graduate or professional degree.
Jobs and commute in Forsyth
- Unemployment rate
- 4.6%State: 5.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 8.1%
- Drive alone
- 83.3%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 97.8%
Forsyth vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Forsyth | 3,502 | $112,000 | $281,000 | $1,222 |
| Decatur | 69,815 | $51,592 | $99,600 | $845 |
| Oreana | 1,037 | $89,000 | $137,300 | $907 |
| Warrensburg | 921 | $81,719 | $145,400 | $775 |
| Maroa | 1,714 | $72,500 | $126,800 | $851 |
| Harristown | 1,550 | $72,426 | $117,700 | $825 |
| Argenta | 879 | $73,482 | $106,300 | $1,286 |
| Long Creek | 1,392 | $78,519 | $167,500 | $850 |
| Mount Zion | 5,660 | $103,365 | $201,100 | $744 |
More for people moving to Forsyth
Forsyth ZIP code ›Weather and climate ›Living in Forsyth: FAQ
What is the median household income in Forsyth, IL?
The median household income in Forsyth is $112,000, 34% higher 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 Forsyth?
The median home value in Forsyth is $281,000, compared with $263,300 in Illinois.
How much is rent in Forsyth?
The median gross rent in Forsyth is $1,222 per month, about 24.9% of household income.
Is Forsyth, IL a good place to live?
Pluses: median household income 34% higher than the Illinois median; an average commute of 18 minutes; unemployment of 4.6%; a poverty rate of 11.3%. Minuses: home values 7% higher than the state median.
What is the median age in Forsyth?
The median age in Forsyth is 41.6 years (Illinois: 39).
How long is the commute in Forsyth?
The average commute to work in Forsyth is 18 minutes; 8.1% of workers work from home.
What is the unemployment rate in Forsyth?
The unemployment rate in Forsyth is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Forsyth?
59.3% of adults in Forsyth 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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