Living in Mill Shoals, Illinois

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

Mill Shoals has 126 residents with a median age of 56.5. The median household income is $58,875 (29% lower than the Illinois median), the median home value is $65,800.

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

Mill Shoals at a glance

Population
126
Median age
56.5State: 39
Median household income
$58,875State: $83,390
Median home value
$65,800State: $263,300
Homeowners
91%
Bachelor's degree or higher
17.5%
Average commute
34 min

Is Mill Shoals a good place to live?

Pros: Home values 75% lower than the state median; unemployment of 3.8%.

Cons: Median household income 29% lower than the Illinois median; an average commute of 34 minutes; a poverty rate of 13.5%.

The weather is best in May and August to October.

Cost of living in Mill Shoals

Housing is the biggest part of the cost of living. In Mill Shoals the median home value is $65,800, 80% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,594 a month in housing costs.

Median home value

Mill Shoals$65,800
Illinois$263,300
United States$332,700

Median monthly rent

Illinois$1,274
United States$1,413

Mill Shoals median household income

The median household income in Mill Shoals is $58,875 and the income per person is $33,525. 13.5% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Mill Shoals$58,875
Illinois$83,390
United States$80,734

Housing in Mill Shoals: homes for sale and rent

Housing units
76
Owner-occupied
91%
Renter-occupied
9%
Vacant
11.8%Includes seasonal homes
Median year built
1974
Average household size
1.88

Mill Shoals demographics

Population
126
Median age
56.5
Under 18
10.3%
65 and older
36.5%
Households
67
Foreign-born
4.8%
Veterans
15.9%Adults 18+

Race and ethnicity

White96.8%
Hispanic or Latino0.8%
Black0%
Asian3.2%

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

Education in Mill Shoals

17.5% of adults 25 and older in Mill Shoals have a bachelor's degree or higher (Illinois: 37.8%), and 6.8% have a graduate or professional degree.

Bachelor's degree or higher

Mill Shoals17.5%
Illinois37.8%
United States35.7%

Jobs and commute in Mill Shoals

Unemployment rate
3.8%State: 5.8%
Average commute
34 minState: 28 min
Work from home
10.4%
Drive alone
89.6%
Public transit
0%
Walk to work
0%
Homes with broadband
85.1%

Mill Shoals vs nearby towns

TownPopulationMedian incomeHome valueRent
Mill Shoals126$58,875$65,800—
Fairfield4,561$41,989$88,800$585
Enfield546$37,386$60,400$438
Sims123$48,194$44,200—
Jeffersonville263$49,583$56,400$813
Carmi4,845$47,827$114,800$839
Wayne City920$54,643$98,300$829
McLeansboro2,675$45,422$79,500$566
Crossville679$40,750$64,500—

More for people moving to Mill Shoals

Mill Shoals ZIP code ›Weather and climate ›

Living in Mill Shoals: FAQ

What is the median household income in Mill Shoals, IL?

The median household income in Mill Shoals is $58,875, 29% 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 Mill Shoals?

The median home value in Mill Shoals is $65,800, compared with $263,300 in Illinois.

Is Mill Shoals, IL a good place to live?

Pluses: home values 75% lower than the state median; unemployment of 3.8%. Minuses: median household income 29% lower than the Illinois median; an average commute of 34 minutes; a poverty rate of 13.5%.

What is the median age in Mill Shoals?

The median age in Mill Shoals is 56.5 years (Illinois: 39).

How long is the commute in Mill Shoals?

The average commute to work in Mill Shoals is 34 minutes; 10.4% of workers work from home.

What is the unemployment rate in Mill Shoals?

The unemployment rate in Mill Shoals is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mill Shoals?

17.5% of adults in Mill Shoals 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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