Living in Marengo, Illinois
Cost of living, income, home prices, rent and demographics of Marengo · Census data 2020–2024
Marengo has 7,040 residents with a median age of 31.9. The median household income is $73,523 (12% lower than the Illinois median), the median home value is $229,900, the median rent is $1,176/month.
Marengo at a glance
- Population
- 7,040
- Median age
- 31.9State: 39
- Median household income
- $73,523State: $83,390
- Median home value
- $229,900State: $263,300
- Median rent
- $1,176/moState: $1,274
- Homeowners
- 63.1%
- Bachelor's degree or higher
- 15.4%
- Average commute
- 30 min
Is Marengo a good place to live?
Pros: Home values 13% lower than the state median.
Cons: Median household income 12% lower than the Illinois median; an average commute of 30 minutes; unemployment of 9.8%; a poverty rate of 15.7%.
The weather is best in June to September.
Cost of living in Marengo
Housing is the biggest part of the cost of living. In Marengo the median home value is $229,900, 31% lower than the U.S. median. Renters pay a median of $1,176 per month, which is 40.1% of household income. Homeowners with a mortgage pay $1,648 a month in housing costs.
Marengo median household income
The median household income in Marengo is $73,523 and the income per person is $35,044. 15.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Marengo: homes for sale and rent
- Housing units
- 2,788
- Owner-occupied
- 63.1%
- Renter-occupied
- 36.9%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.57
Marengo demographics
- Population
- 7,040
- Median age
- 31.9
- Under 18
- 26%
- 65 and older
- 17.2%
- Households
- 2,719
- Foreign-born
- 5.1%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Marengo ›
Education in Marengo
15.4% of adults 25 and older in Marengo have a bachelor's degree or higher (Illinois: 37.8%), and 2.2% have a graduate or professional degree.
Jobs and commute in Marengo
- Unemployment rate
- 9.8%State: 5.8%
- Average commute
- 30 minState: 28 min
- Work from home
- 8%
- Drive alone
- 80.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.8%
Marengo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Marengo | 7,040 | $73,523 | $229,900 | $1,176 |
| Union | 624 | $89,844 | $252,200 | $1,692 |
| Garden Prairie | 403 | $68,319 | $186,400 | — |
| Woodstock | 26,147 | $82,758 | $245,700 | $1,212 |
| Hampshire | 8,524 | $94,773 | $329,800 | $2,589 |
| Huntley | 28,005 | $88,536 | $334,300 | $1,622 |
| Lakewood | 4,707 | $173,625 | $552,600 | — |
| Genoa | 5,492 | $82,128 | $225,200 | $940 |
| Chemung | 239 | $68,454 | $184,500 | — |
More for people moving to Marengo
Marengo ZIP code ›Weather and climate ›Living in Marengo: FAQ
What is the median household income in Marengo, IL?
The median household income in Marengo is $73,523, 12% 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 Marengo?
The median home value in Marengo is $229,900, compared with $263,300 in Illinois.
How much is rent in Marengo?
The median gross rent in Marengo is $1,176 per month, about 40.1% of household income.
Is Marengo, IL a good place to live?
Pluses: home values 13% lower than the state median. Minuses: median household income 12% lower than the Illinois median; an average commute of 30 minutes; unemployment of 9.8%; a poverty rate of 15.7%.
What is the median age in Marengo?
The median age in Marengo is 31.9 years (Illinois: 39).
How long is the commute in Marengo?
The average commute to work in Marengo is 30 minutes; 8% of workers work from home.
What is the unemployment rate in Marengo?
The unemployment rate in Marengo is 9.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Marengo?
15.4% of adults in Marengo 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.
Last updated: