Living in Garrett, Illinois
Cost of living, income, home prices, rent and demographics of Garrett · Census data 2020–2024
Garrett has 88 residents with a median age of 57.5. The median household income is $70,294 (16% lower than the Illinois median), the median home value is $129,200, the median rent is $825/month.
Garrett is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Garrett at a glance
- Population
- 88
- Median age
- 57.5State: 39
- Median household income
- $70,294State: $83,390
- Median home value
- $129,200State: $263,300
- Median rent
- $825/moState: $1,274
- Homeowners
- 85.9%
- Bachelor's degree or higher
- 6%
- Average commute
- 19 min
Is Garrett a good place to live?
Pros: Home values 51% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 16% lower than the Illinois median; a poverty rate of 12.5%.
The weather is best in May–June and August–September.
Cost of living in Garrett
Housing is the biggest part of the cost of living. In Garrett the median home value is $129,200, 61% lower than the U.S. median. Renters pay a median of $825 per month, which is 51% of household income. Homeowners with a mortgage pay $1,331 a month in housing costs.
Garrett median household income
The median household income in Garrett is $70,294 and the income per person is $46,518. 12.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Garrett: homes for sale and rent
- Housing units
- 82
- Owner-occupied
- 85.9%
- Renter-occupied
- 14.1%
- Vacant
- 22%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 1.38
Garrett demographics
- Population
- 88
- Median age
- 57.5
- Under 18
- 0%
- 65 and older
- 33%
- Households
- 64
- Foreign-born
- 0%
- Veterans
- 11.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Garrett ›
Education in Garrett
6% of adults 25 and older in Garrett have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Garrett
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 19 minState: 28 min
- Work from home
- 0%
- Drive alone
- 79.7%
- Public transit
- 0%
- Walk to work
- 5.1%
- Homes with broadband
- 87.5%
Garrett vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Garrett | 88 | $70,294 | $129,200 | $825 |
| Atwood | 1,144 | $62,383 | $128,200 | $856 |
| Arthur | 2,083 | $54,907 | $151,300 | $892 |
| Tuscola | 4,808 | $78,179 | $154,300 | $901 |
| Hammond | 617 | $77,019 | $102,500 | $817 |
| Arcola | 2,892 | $89,827 | $124,100 | $803 |
| Ivesdale | 209 | $64,375 | $118,100 | — |
| Pesotum | 557 | $79,792 | $163,000 | $1,554 |
| Bement | 1,792 | $76,250 | $99,300 | $807 |
More for people moving to Garrett
Garrett ZIP code ›Weather and climate ›Living in Garrett: FAQ
What is the median household income in Garrett, IL?
The median household income in Garrett is $70,294, 16% 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 Garrett?
The median home value in Garrett is $129,200, compared with $263,300 in Illinois.
How much is rent in Garrett?
The median gross rent in Garrett is $825 per month, about 51% of household income.
Is Garrett, IL a good place to live?
Pluses: home values 51% lower than the state median; an average commute of 19 minutes. Minuses: median household income 16% lower than the Illinois median; a poverty rate of 12.5%.
What is the median age in Garrett?
The median age in Garrett is 57.5 years (Illinois: 39).
How long is the commute in Garrett?
The average commute to work in Garrett is 19 minutes; 0% of workers work from home.
What is the unemployment rate in Garrett?
The unemployment rate in Garrett is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Garrett?
6% of adults in Garrett 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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