Living in Matherville, Illinois
Cost of living, income, home prices, rent and demographics of Matherville · Census data 2020–2024
Matherville has 657 residents with a median age of 46.1. The median household income is $86,500 (4% higher than the Illinois median), the median home value is $134,800, the median rent is $856/month.
Matherville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Matherville at a glance
- Population
- 657
- Median age
- 46.1State: 39
- Median household income
- $86,500State: $83,390
- Median home value
- $134,800State: $263,300
- Median rent
- $856/moState: $1,274
- Homeowners
- 88.6%
- Bachelor's degree or higher
- 17.9%
- Average commute
- 27 min
Is Matherville a good place to live?
Pros: Median household income 4% higher than the Illinois median; home values 49% lower than the state median; an average commute of 27 minutes; unemployment of 2.3%; a poverty rate of 7.6%.
The weather is best in June to September.
Cost of living in Matherville
Housing is the biggest part of the cost of living. In Matherville the median home value is $134,800, 59% lower than the U.S. median. Renters pay a median of $856 per month, which is 37.3% of household income. Homeowners with a mortgage pay $1,224 a month in housing costs.
Matherville median household income
The median household income in Matherville is $86,500 and the income per person is $35,794. 7.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Matherville: homes for sale and rent
- Housing units
- 320
- Owner-occupied
- 88.6%
- Renter-occupied
- 11.4%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.42
Matherville demographics
- Population
- 657
- Median age
- 46.1
- Under 18
- 22.7%
- 65 and older
- 24%
- Households
- 272
- Foreign-born
- 1.8%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Matherville ›
Education in Matherville
17.9% of adults 25 and older in Matherville have a bachelor's degree or higher (Illinois: 37.8%), and 6.8% have a graduate or professional degree.
Jobs and commute in Matherville
- Unemployment rate
- 2.3%State: 5.8%
- Average commute
- 27 minState: 28 min
- Work from home
- 11.2%
- Drive alone
- 75.5%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 94.5%
Matherville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Matherville | 657 | $86,500 | $134,800 | $856 |
| Viola | 899 | $72,500 | $120,000 | $705 |
| Preemption | 127 | $86,406 | $110,900 | — |
| Cable | 122 | $104,375 | $329,000 | — |
| Reynolds | 584 | $76,458 | $151,200 | $1,250 |
| Sherrard | 691 | $98,750 | $150,200 | $850 |
| Aledo | 3,668 | $72,292 | $147,600 | $806 |
| Windsor | 704 | $59,333 | $109,800 | $447 |
| Coyne Center | 904 | $115,156 | $221,400 | — |
More for people moving to Matherville
Matherville ZIP code ›Weather and climate ›Living in Matherville: FAQ
What is the median household income in Matherville, IL?
The median household income in Matherville is $86,500, 4% higher 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 Matherville?
The median home value in Matherville is $134,800, compared with $263,300 in Illinois.
How much is rent in Matherville?
The median gross rent in Matherville is $856 per month, about 37.3% of household income.
Is Matherville, IL a good place to live?
Pluses: median household income 4% higher than the Illinois median; home values 49% lower than the state median; an average commute of 27 minutes; unemployment of 2.3%; a poverty rate of 7.6%.
What is the median age in Matherville?
The median age in Matherville is 46.1 years (Illinois: 39).
How long is the commute in Matherville?
The average commute to work in Matherville is 27 minutes; 11.2% of workers work from home.
What is the unemployment rate in Matherville?
The unemployment rate in Matherville is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Matherville?
17.9% of adults in Matherville 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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