Living in Lawrence, Illinois
Cost of living, income, home prices, rent and demographics of Lawrence · Census data 2020–2024
Lawrence has 358 residents with a median age of 24.9. The median household income is $46,862 (44% lower than the Illinois median), the median home value is $423,500.
Lawrence is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lawrence at a glance
- Population
- 358
- Median age
- 24.9State: 39
- Median household income
- $46,862State: $83,390
- Median home value
- $423,500State: $263,300
- Homeowners
- 100%
- Bachelor's degree or higher
- 0%
- Average commute
- 38 min
Is Lawrence a good place to live?
Pros: Unemployment of 4.7%; a poverty rate of 9.2%.
Cons: Median household income 44% lower than the Illinois median; home values 61% higher than the state median; an average commute of 38 minutes.
The weather is best in June to September.
Cost of living in Lawrence
Housing is the biggest part of the cost of living. In Lawrence the median home value is $423,500, 27% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,179 a month in housing costs.
Lawrence median household income
The median household income in Lawrence is $46,862 and the income per person is $26,096. 9.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Lawrence: homes for sale and rent
- Housing units
- 93
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 3.85
Lawrence demographics
- Population
- 358
- Median age
- 24.9
- Under 18
- 25.7%
- 65 and older
- 2.5%
- Households
- 93
- Foreign-born
- 27.1%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Lawrence ›
Education in Lawrence
0% of adults 25 and older in Lawrence have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Lawrence
- Unemployment rate
- 4.7%State: 5.8%
- Average commute
- 38 minState: 28 min
- Work from home
- 0%
- Drive alone
- 78.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.3%
Lawrence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lawrence | 358 | $46,862 | $423,500 | — |
| Harvard | 9,598 | $67,617 | $175,400 | $1,183 |
| Chemung | 239 | $68,454 | $184,500 | — |
| Capron | 1,311 | $90,192 | $160,100 | $900 |
| Sharon | 1,592 | $67,500 | $186,700 | $1,072 |
| Walworth | 2,759 | $70,208 | $290,600 | $968 |
| Fontana-on-Geneva Lake | 1,737 | $106,750 | $572,600 | $1,149 |
| Williams Bay | 2,981 | $84,113 | $444,700 | $900 |
| Hebron | 1,261 | $85,375 | $208,100 | $1,118 |
More for people moving to Lawrence
Lawrence ZIP code ›Weather and climate ›Living in Lawrence: FAQ
What is the median household income in Lawrence, IL?
The median household income in Lawrence is $46,862, 44% 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 Lawrence?
The median home value in Lawrence is $423,500, compared with $263,300 in Illinois.
Is Lawrence, IL a good place to live?
Pluses: unemployment of 4.7%; a poverty rate of 9.2%. Minuses: median household income 44% lower than the Illinois median; home values 61% higher than the state median; an average commute of 38 minutes.
What is the median age in Lawrence?
The median age in Lawrence is 24.9 years (Illinois: 39).
How long is the commute in Lawrence?
The average commute to work in Lawrence is 38 minutes; 0% of workers work from home.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lawrence?
0% of adults in Lawrence 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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