Living in Minonk, Illinois
Cost of living, income, home prices, rent and demographics of Minonk · Census data 2020–2024
Minonk has 1,941 residents with a median age of 45.3. The median household income is $69,352 (17% lower than the Illinois median), the median home value is $120,500, the median rent is $999/month.
Minonk at a glance
- Population
- 1,941
- Median age
- 45.3State: 39
- Median household income
- $69,352State: $83,390
- Median home value
- $120,500State: $263,300
- Median rent
- $999/moState: $1,274
- Homeowners
- 73%
- Bachelor's degree or higher
- 20.1%
- Average commute
- 28 min
Is Minonk a good place to live?
Pros: Home values 54% lower than the state median; an average commute of 28 minutes; a poverty rate of 10.3%.
Cons: Median household income 17% lower than the Illinois median; unemployment of 6.9%.
The weather is best in May–June and August–September.
Cost of living in Minonk
Housing is the biggest part of the cost of living. In Minonk the median home value is $120,500, 64% lower than the U.S. median. Renters pay a median of $999 per month, which is 30.2% of household income. Homeowners with a mortgage pay $1,187 a month in housing costs.
Minonk median household income
The median household income in Minonk is $69,352 and the income per person is $37,010. 10.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Minonk: homes for sale and rent
- Housing units
- 904
- Owner-occupied
- 73%
- Renter-occupied
- 27%
- Vacant
- 7.1%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.25
Minonk demographics
- Population
- 1,941
- Median age
- 45.3
- Under 18
- 21.5%
- 65 and older
- 17%
- Households
- 840
- Foreign-born
- 1.6%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Minonk ›
Education in Minonk
20.1% of adults 25 and older in Minonk have a bachelor's degree or higher (Illinois: 37.8%), and 8.9% have a graduate or professional degree.
Jobs and commute in Minonk
- Unemployment rate
- 6.9%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 7.6%
- Drive alone
- 83.5%
- Public transit
- 0%
- Walk to work
- 4.8%
- Homes with broadband
- 84.3%
Minonk vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Minonk | 1,941 | $69,352 | $120,500 | $999 |
| Rutland | 195 | $60,625 | $76,400 | $875 |
| Dana | 152 | $62,500 | $85,000 | $783 |
| Benson | 428 | $76,333 | $114,900 | $950 |
| Toluca | 1,477 | $69,545 | $113,500 | $860 |
| Wenona | 999 | $43,300 | $101,100 | $866 |
| Flanagan | 849 | $62,083 | $108,900 | $868 |
| Long Point | 245 | $66,250 | $91,500 | — |
| Roanoke | 1,967 | $82,063 | $139,900 | $1,101 |
More for people moving to Minonk
Minonk ZIP code ›Weather and climate ›Living in Minonk: FAQ
What is the median household income in Minonk, IL?
The median household income in Minonk is $69,352, 17% 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 Minonk?
The median home value in Minonk is $120,500, compared with $263,300 in Illinois.
How much is rent in Minonk?
The median gross rent in Minonk is $999 per month, about 30.2% of household income.
Is Minonk, IL a good place to live?
Pluses: home values 54% lower than the state median; an average commute of 28 minutes; a poverty rate of 10.3%. Minuses: median household income 17% lower than the Illinois median; unemployment of 6.9%.
What is the median age in Minonk?
The median age in Minonk is 45.3 years (Illinois: 39).
How long is the commute in Minonk?
The average commute to work in Minonk is 28 minutes; 7.6% of workers work from home.
What is the unemployment rate in Minonk?
The unemployment rate in Minonk is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Minonk?
20.1% of adults in Minonk 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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