Living in London Mills, Illinois

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

London Mills has 328 residents with a median age of 45. The median household income is $53,125 (36% lower than the Illinois median), the median home value is $64,400, the median rent is $1,107/month.

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

London Mills at a glance

Population
328
Median age
45State: 39
Median household income
$53,125State: $83,390
Median home value
$64,400State: $263,300
Median rent
$1,107/moState: $1,274
Homeowners
85.7%
Bachelor's degree or higher
11.8%
Average commute
28 min

Is London Mills a good place to live?

Pros: Home values 76% lower than the state median.

Cons: Median household income 36% lower than the Illinois median; an average commute of 28 minutes; unemployment of 10.4%; a poverty rate of 23.5%.

The weather is best in June to September.

Cost of living in London Mills

Housing is the biggest part of the cost of living. In London Mills the median home value is $64,400, 81% lower than the U.S. median. Renters pay a median of $1,107 per month, which is 38.6% of household income. Homeowners with a mortgage pay $1,331 a month in housing costs.

Median home value

London Mills$64,400
Illinois$263,300
United States$332,700

Median monthly rent

London Mills$1,107
Illinois$1,274
United States$1,413

London Mills median household income

The median household income in London Mills is $53,125 and the income per person is $40,195. 23.5% of residents live below the poverty line (Illinois: 11.8%).

Median household income

London Mills$53,125
Illinois$83,390
United States$80,734

Housing in London Mills: homes for sale and rent

Housing units
150
Owner-occupied
85.7%
Renter-occupied
14.3%
Vacant
16%Includes seasonal homes
Median year built
1948
Average household size
2.60

London Mills demographics

Population
328
Median age
45
Under 18
25.6%
65 and older
15.5%
Households
126
Foreign-born
0%
Veterans
8.2%Adults 18+

Race and ethnicity

White98.5%
Hispanic or Latino0.6%
Black0%
Asian0%

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

Education in London Mills

11.8% of adults 25 and older in London Mills have a bachelor's degree or higher (Illinois: 37.8%), and 0.4% have a graduate or professional degree.

Bachelor's degree or higher

London Mills11.8%
Illinois37.8%
United States35.7%

Jobs and commute in London Mills

Unemployment rate
10.4%State: 5.8%
Average commute
28 minState: 28 min
Work from home
0.8%
Drive alone
83.9%
Public transit
0%
Walk to work
4.2%
Homes with broadband
88.1%

London Mills vs nearby towns

TownPopulationMedian incomeHome valueRent
London Mills328$53,125$64,400$1,107
Fairview324$58,125$91,400$706
Maquon161$63,125$72,500$617
Avon694$50,000$62,200$875
Abingdon3,443$61,653$99,600$732
Gilson120$44,531$30,000—
Prairie City378$60,694$91,500$717
Norris303$44,844$63,100$863
Knoxville3,211$82,863$145,300$623

More for people moving to London Mills

London Mills ZIP code ›Weather and climate ›

Living in London Mills: FAQ

What is the median household income in London Mills, IL?

The median household income in London Mills is $53,125, 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 London Mills?

The median home value in London Mills is $64,400, compared with $263,300 in Illinois.

How much is rent in London Mills?

The median gross rent in London Mills is $1,107 per month, about 38.6% of household income.

Is London Mills, IL a good place to live?

Pluses: home values 76% lower than the state median. Minuses: median household income 36% lower than the Illinois median; an average commute of 28 minutes; unemployment of 10.4%; a poverty rate of 23.5%.

What is the median age in London Mills?

The median age in London Mills is 45 years (Illinois: 39).

How long is the commute in London Mills?

The average commute to work in London Mills is 28 minutes; 0.8% of workers work from home.

What is the unemployment rate in London Mills?

The unemployment rate in London Mills is 10.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is London Mills?

11.8% of adults in London Mills 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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