Living in Mineral, Illinois

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

Mineral has 194 residents with a median age of 49.9. The median household income is $51,111 (39% lower than the Illinois median), the median home value is $79,300, the median rent is $750/month.

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

Mineral at a glance

Population
194
Median age
49.9State: 39
Median household income
$51,111State: $83,390
Median home value
$79,300State: $263,300
Median rent
$750/moState: $1,274
Homeowners
82.7%
Bachelor's degree or higher
6.3%
Average commute
26 min

Is Mineral a good place to live?

Pros: Home values 70% lower than the state median; an average commute of 26 minutes.

Cons: Median household income 39% lower than the Illinois median; a poverty rate of 13.9%.

The weather is best in June to September.

Cost of living in Mineral

Housing is the biggest part of the cost of living. In Mineral the median home value is $79,300, 76% lower than the U.S. median. Renters pay a median of $750 per month, which is 35% of household income. Homeowners with a mortgage pay $786 a month in housing costs.

Median home value

Mineral$79,300
Illinois$263,300
United States$332,700

Median monthly rent

Mineral$750
Illinois$1,274
United States$1,413

Mineral median household income

The median household income in Mineral is $51,111 and the income per person is $29,709. 13.9% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Mineral$51,111
Illinois$83,390
United States$80,734

Housing in Mineral: homes for sale and rent

Housing units
120
Owner-occupied
82.7%
Renter-occupied
17.3%
Vacant
8.3%Includes seasonal homes
Median year built
1951
Average household size
1.76

Mineral demographics

Population
194
Median age
49.9
Under 18
17%
65 and older
25.8%
Households
110
Foreign-born
0%
Veterans
7.5%Adults 18+

Race and ethnicity

White95.9%
Hispanic or Latino0%
Black3.1%
Asian0%

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

Education in Mineral

6.3% of adults 25 and older in Mineral have a bachelor's degree or higher (Illinois: 37.8%), and 2.1% have a graduate or professional degree.

Bachelor's degree or higher

Mineral6.3%
Illinois37.8%
United States35.7%

Jobs and commute in Mineral

Unemployment rate
0%State: 5.8%
Average commute
26 minState: 28 min
Work from home
0%
Drive alone
89%
Public transit
0%
Walk to work
0%
Homes with broadband
77.3%

Mineral vs nearby towns

TownPopulationMedian incomeHome valueRent
Mineral194$51,111$79,300$750
Annawan865$70,729$135,100$588
Sheffield874$74,750$102,400$1,047
Neponset446$61,250$67,800$850
Buda517$51,771$71,600$865
Atkinson982$57,174$119,600$734
Manlius306$75,500$92,200$1,029
Hooppole182$44,261$75,000—
Kewanee11,913$50,886$73,200$797

More for people moving to Mineral

Mineral ZIP code ›Weather and climate ›

Living in Mineral: FAQ

What is the median household income in Mineral, IL?

The median household income in Mineral is $51,111, 39% 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 Mineral?

The median home value in Mineral is $79,300, compared with $263,300 in Illinois.

How much is rent in Mineral?

The median gross rent in Mineral is $750 per month, about 35% of household income.

Is Mineral, IL a good place to live?

Pluses: home values 70% lower than the state median; an average commute of 26 minutes. Minuses: median household income 39% lower than the Illinois median; a poverty rate of 13.9%.

What is the median age in Mineral?

The median age in Mineral is 49.9 years (Illinois: 39).

How long is the commute in Mineral?

The average commute to work in Mineral is 26 minutes; 0% of workers work from home.

What is the unemployment rate in Mineral?

The unemployment rate in Mineral is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mineral?

6.3% of adults in Mineral 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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