Living in Indianola, Illinois

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

Indianola has 183 residents with a median age of 59.9. The median household income is $44,659 (46% lower than the Illinois median), the median home value is $81,700.

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

Indianola at a glance

Population
183
Median age
59.9State: 39
Median household income
$44,659State: $83,390
Median home value
$81,700State: $263,300
Homeowners
89.2%
Bachelor's degree or higher
2.7%
Average commute
30 min

Is Indianola a good place to live?

Pros: Home values 69% lower than the state median.

Cons: Median household income 46% lower than the Illinois median; an average commute of 30 minutes; unemployment of 30.9%; a poverty rate of 24.4%.

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

Cost of living in Indianola

Housing is the biggest part of the cost of living. In Indianola the median home value is $81,700, 75% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,063 a month in housing costs.

Median home value

Indianola$81,700
Illinois$263,300
United States$332,700

Median monthly rent

Illinois$1,274
United States$1,413

Indianola median household income

The median household income in Indianola is $44,659 and the income per person is $28,993. 24.4% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Indianola$44,659
Illinois$83,390
United States$80,734

Housing in Indianola: homes for sale and rent

Housing units
86
Owner-occupied
89.2%
Renter-occupied
10.8%
Vacant
3.5%Includes seasonal homes
Median year built
1968
Average household size
2.20

Indianola demographics

Population
183
Median age
59.9
Under 18
14.8%
65 and older
37.2%
Households
83
Foreign-born
1.6%
Veterans
17.9%Adults 18+

Race and ethnicity

White96.7%
Hispanic or Latino3.8%
Black0%
Asian1.1%

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

Education in Indianola

2.7% of adults 25 and older in Indianola have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Indianola2.7%
Illinois37.8%
United States35.7%

Jobs and commute in Indianola

Unemployment rate
30.9%State: 5.8%
Average commute
30 minState: 28 min
Work from home
6.4%
Drive alone
93.6%
Public transit
0%
Walk to work
0%
Homes with broadband
89.2%

Indianola vs nearby towns

TownPopulationMedian incomeHome valueRent
Indianola183$44,659$81,700—
Sidell440$62,500$79,700$675
Ridge Farm827$50,313$73,200$690
Olivet149$86,354——
Georgetown3,069$58,182$71,800$757
Chrisman1,214$58,462$79,400$727
Fairmount555$60,500$87,600$783
Metcalf139$54,881$55,000—
Westville3,419$54,912$100,000$805

More for people moving to Indianola

Indianola ZIP code ›Weather and climate ›

Living in Indianola: FAQ

What is the median household income in Indianola, IL?

The median household income in Indianola is $44,659, 46% 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 Indianola?

The median home value in Indianola is $81,700, compared with $263,300 in Illinois.

Is Indianola, IL a good place to live?

Pluses: home values 69% lower than the state median. Minuses: median household income 46% lower than the Illinois median; an average commute of 30 minutes; unemployment of 30.9%; a poverty rate of 24.4%.

What is the median age in Indianola?

The median age in Indianola is 59.9 years (Illinois: 39).

How long is the commute in Indianola?

The average commute to work in Indianola is 30 minutes; 6.4% of workers work from home.

What is the unemployment rate in Indianola?

The unemployment rate in Indianola is 30.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Indianola?

2.7% of adults in Indianola 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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