Living in Harvard, Illinois
Cost of living, income, home prices, rent and demographics of Harvard · Census data 2020–2024
Harvard has 9,598 residents with a median age of 28. The median household income is $67,617 (19% lower than the Illinois median), the median home value is $175,400, the median rent is $1,183/month.
Harvard at a glance
- Population
- 9,598
- Median age
- 28State: 39
- Median household income
- $67,617State: $83,390
- Median home value
- $175,400State: $263,300
- Median rent
- $1,183/moState: $1,274
- Homeowners
- 59.7%
- Bachelor's degree or higher
- 18.7%
- Average commute
- 26 min
Is Harvard a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 26 minutes; a poverty rate of 11.8%.
Cons: Median household income 19% lower than the Illinois median; unemployment of 7.6%.
The weather is best in June to September.
Cost of living in Harvard
Housing is the biggest part of the cost of living. In Harvard the median home value is $175,400, 47% lower than the U.S. median. Renters pay a median of $1,183 per month, which is 31.5% of household income. Homeowners with a mortgage pay $1,522 a month in housing costs.
Harvard median household income
The median household income in Harvard is $67,617 and the income per person is $26,172. 11.8% of residents live below the poverty line (Illinois: 11.8%).
Housing in Harvard: homes for sale and rent
- Housing units
- 3,285
- Owner-occupied
- 59.7%
- Renter-occupied
- 40.3%
- Vacant
- 4.9%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 3.06
Harvard demographics
- Population
- 9,598
- Median age
- 28
- Under 18
- 32.9%
- 65 and older
- 11%
- Households
- 3,125
- Foreign-born
- 18.6%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Harvard ›
Education in Harvard
18.7% of adults 25 and older in Harvard have a bachelor's degree or higher (Illinois: 37.8%), and 4.3% have a graduate or professional degree.
Jobs and commute in Harvard
- Unemployment rate
- 7.6%State: 5.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 5.1%
- Drive alone
- 71.9%
- Public transit
- 0%
- Walk to work
- 6.5%
- Homes with broadband
- 89%
Harvard vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Harvard | 9,598 | $67,617 | $175,400 | $1,183 |
| Lawrence | 358 | $46,862 | $423,500 | — |
| Chemung | 239 | $68,454 | $184,500 | — |
| Capron | 1,311 | $90,192 | $160,100 | $900 |
| Walworth | 2,759 | $70,208 | $290,600 | $968 |
| Sharon | 1,592 | $67,500 | $186,700 | $1,072 |
| Fontana-on-Geneva Lake | 1,737 | $106,750 | $572,600 | $1,149 |
| Hebron | 1,261 | $85,375 | $208,100 | $1,118 |
| Williams Bay | 2,981 | $84,113 | $444,700 | $900 |
More for people moving to Harvard
Harvard ZIP code ›Weather and climate ›Living in Harvard: FAQ
What is the median household income in Harvard, IL?
The median household income in Harvard is $67,617, 19% 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 Harvard?
The median home value in Harvard is $175,400, compared with $263,300 in Illinois.
How much is rent in Harvard?
The median gross rent in Harvard is $1,183 per month, about 31.5% of household income.
Is Harvard, IL a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 26 minutes; a poverty rate of 11.8%. Minuses: median household income 19% lower than the Illinois median; unemployment of 7.6%.
What is the median age in Harvard?
The median age in Harvard is 28 years (Illinois: 39).
How long is the commute in Harvard?
The average commute to work in Harvard is 26 minutes; 5.1% of workers work from home.
What is the unemployment rate in Harvard?
The unemployment rate in Harvard is 7.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Harvard?
18.7% of adults in Harvard 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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