Living in Freeport, Illinois
Cost of living, income, home prices, rent and demographics of Freeport · Census data 2020–2024
Freeport has 23,505 residents with a median age of 42.8. The median household income is $51,723 (38% lower than the Illinois median), the median home value is $92,100, the median rent is $793/month.
Freeport at a glance
- Population
- 23,505
- Median age
- 42.8State: 39
- Median household income
- $51,723State: $83,390
- Median home value
- $92,100State: $263,300
- Median rent
- $793/moState: $1,274
- Homeowners
- 59.1%
- Bachelor's degree or higher
- 19%
- Average commute
- 16 min
Is Freeport a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 16 minutes; unemployment of 4.5%.
Cons: Median household income 38% lower than the Illinois median; a poverty rate of 19.6%.
The weather is best in June to September.
Cost of living in Freeport
Housing is the biggest part of the cost of living. In Freeport the median home value is $92,100, 72% lower than the U.S. median. Renters pay a median of $793 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,165 a month in housing costs.
Freeport median household income
The median household income in Freeport is $51,723 and the income per person is $31,004. 19.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Freeport: homes for sale and rent
- Housing units
- 12,056
- Owner-occupied
- 59.1%
- Renter-occupied
- 40.9%
- Vacant
- 10.1%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.10
Freeport demographics
- Population
- 23,505
- Median age
- 42.8
- Under 18
- 21.2%
- 65 and older
- 24%
- Households
- 10,841
- Foreign-born
- 3.3%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Freeport ›
Education in Freeport
19% of adults 25 and older in Freeport have a bachelor's degree or higher (Illinois: 37.8%), and 6.2% have a graduate or professional degree.
Jobs and commute in Freeport
- Unemployment rate
- 4.5%State: 5.8%
- Average commute
- 16 minState: 28 min
- Work from home
- 10.1%
- Drive alone
- 74.4%
- Public transit
- 1%
- Walk to work
- 2.5%
- Homes with broadband
- 84.9%
Freeport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Freeport | 23,505 | $51,723 | $92,100 | $793 |
| Willow Lake | 764 | $100,568 | $162,200 | — |
| Cedarville | 690 | $67,569 | $125,700 | — |
| Ridott | 130 | $71,875 | $126,000 | $850 |
| Dakota | 645 | $55,815 | $115,600 | $656 |
| German Valley | 467 | $73,661 | $130,300 | $904 |
| Pearl City | 745 | $63,295 | $128,200 | $744 |
| Shannon | 772 | $58,929 | $115,100 | $604 |
| Lena | 2,761 | $72,663 | $146,000 | $664 |
More for people moving to Freeport
Freeport ZIP code ›Weather and climate ›Living in Freeport: FAQ
What is the median household income in Freeport, IL?
The median household income in Freeport is $51,723, 38% 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 Freeport?
The median home value in Freeport is $92,100, compared with $263,300 in Illinois.
How much is rent in Freeport?
The median gross rent in Freeport is $793 per month, about 27.8% of household income.
Is Freeport, IL a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 16 minutes; unemployment of 4.5%. Minuses: median household income 38% lower than the Illinois median; a poverty rate of 19.6%.
What is the median age in Freeport?
The median age in Freeport is 42.8 years (Illinois: 39).
How long is the commute in Freeport?
The average commute to work in Freeport is 16 minutes; 10.1% of workers work from home.
What is the unemployment rate in Freeport?
The unemployment rate in Freeport is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Freeport?
19% of adults in Freeport 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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