Living in Herrick, Illinois

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

Herrick has 333 residents with a median age of 35.5. The median household income is $53,750 (36% lower than the Illinois median), the median home value is $73,800, the median rent is $850/month.

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

Herrick at a glance

Population
333
Median age
35.5State: 39
Median household income
$53,750State: $83,390
Median home value
$73,800State: $263,300
Median rent
$850/moState: $1,274
Homeowners
83.6%
Bachelor's degree or higher
7.6%
Average commute
30 min

Is Herrick a good place to live?

Pros: Home values 72% lower than the state median; a poverty rate of 9.3%.

Cons: Median household income 36% lower than the Illinois median; an average commute of 30 minutes; unemployment of 9.4%.

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

Cost of living in Herrick

Housing is the biggest part of the cost of living. In Herrick the median home value is $73,800, 78% lower than the U.S. median. Renters pay a median of $850 per month, which is 30% of household income. Homeowners with a mortgage pay $919 a month in housing costs.

Median home value

Herrick$73,800
Illinois$263,300
United States$332,700

Median monthly rent

Herrick$850
Illinois$1,274
United States$1,413

Herrick median household income

The median household income in Herrick is $53,750 and the income per person is $23,411. 9.3% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Herrick$53,750
Illinois$83,390
United States$80,734

Housing in Herrick: homes for sale and rent

Housing units
128
Owner-occupied
83.6%
Renter-occupied
16.4%
Vacant
4.7%Includes seasonal homes
Median year built
1979
Average household size
2.73

Herrick demographics

Population
333
Median age
35.5
Under 18
24.6%
65 and older
20.7%
Households
122
Foreign-born
0%
Veterans
11.2%Adults 18+

Race and ethnicity

White97.9%
Hispanic or Latino1.5%
Black0%
Asian0%

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

Education in Herrick

7.6% of adults 25 and older in Herrick have a bachelor's degree or higher (Illinois: 37.8%), and 0.9% have a graduate or professional degree.

Bachelor's degree or higher

Herrick7.6%
Illinois37.8%
United States35.7%

Jobs and commute in Herrick

Unemployment rate
9.4%State: 5.8%
Average commute
30 minState: 28 min
Work from home
11.3%
Drive alone
80.3%
Public transit
0%
Walk to work
4.2%
Homes with broadband
78.7%

Herrick vs nearby towns

TownPopulationMedian incomeHome valueRent
Herrick333$53,750$73,800$850
Cowden534$62,031$77,000$698
Oconee193$74,750$91,300$850
Ramsey1,094$53,375$65,800$741
Beecher City414$43,750$90,800$596
Tower Hill422$53,352$68,300$783
Pana5,217$46,168$77,900$684
St. Elmo1,257$45,294$82,600$762
Brownstown722$53,000$72,900$886

More for people moving to Herrick

Herrick ZIP code ›Weather and climate ›

Living in Herrick: FAQ

What is the median household income in Herrick, IL?

The median household income in Herrick is $53,750, 36% 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 Herrick?

The median home value in Herrick is $73,800, compared with $263,300 in Illinois.

How much is rent in Herrick?

The median gross rent in Herrick is $850 per month, about 30% of household income.

Is Herrick, IL a good place to live?

Pluses: home values 72% lower than the state median; a poverty rate of 9.3%. Minuses: median household income 36% lower than the Illinois median; an average commute of 30 minutes; unemployment of 9.4%.

What is the median age in Herrick?

The median age in Herrick is 35.5 years (Illinois: 39).

How long is the commute in Herrick?

The average commute to work in Herrick is 30 minutes; 11.3% of workers work from home.

What is the unemployment rate in Herrick?

The unemployment rate in Herrick is 9.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Herrick?

7.6% of adults in Herrick 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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