Living in Momence, Illinois

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

Momence has 3,291 residents with a median age of 37.9. The median household income is $58,365 (30% lower than the Illinois median), the median home value is $154,800, the median rent is $803/month.

Momence at a glance

Population
3,291
Median age
37.9State: 39
Median household income
$58,365State: $83,390
Median home value
$154,800State: $263,300
Median rent
$803/moState: $1,274
Homeowners
66.8%
Bachelor's degree or higher
14.8%
Average commute
27 min

Is Momence a good place to live?

Pros: Home values 41% lower than the state median; an average commute of 27 minutes; a poverty rate of 10.1%.

Cons: Median household income 30% lower than the Illinois median; unemployment of 6.1%.

The weather is best in May–June and August–September.

Cost of living in Momence

Housing is the biggest part of the cost of living. In Momence the median home value is $154,800, 53% lower than the U.S. median. Renters pay a median of $803 per month, which is 32% of household income. Homeowners with a mortgage pay $1,451 a month in housing costs.

Median home value

Momence$154,800
Illinois$263,300
United States$332,700

Median monthly rent

Momence$803
Illinois$1,274
United States$1,413

Momence median household income

The median household income in Momence is $58,365 and the income per person is $30,599. 10.1% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Momence$58,365
Illinois$83,390
United States$80,734

Housing in Momence: homes for sale and rent

Housing units
1,350
Owner-occupied
66.8%
Renter-occupied
33.2%
Vacant
5.6%Includes seasonal homes
Median year built
1960
Average household size
2.42

Momence demographics

Population
3,291
Median age
37.9
Under 18
24%
65 and older
19.7%
Households
1,275
Foreign-born
3.8%
Veterans
9.2%Adults 18+

Race and ethnicity

White82.5%
Hispanic or Latino19.6%
Black4.6%
Asian0.8%

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

Education in Momence

14.8% of adults 25 and older in Momence have a bachelor's degree or higher (Illinois: 37.8%), and 9% have a graduate or professional degree.

Bachelor's degree or higher

Momence14.8%
Illinois37.8%
United States35.7%

Jobs and commute in Momence

Unemployment rate
6.1%State: 5.8%
Average commute
27 minState: 28 min
Work from home
2.2%
Drive alone
77.1%
Public transit
0.2%
Walk to work
3.1%
Homes with broadband
81.4%

Momence vs nearby towns

TownPopulationMedian incomeHome valueRent
Momence3,291$58,365$154,800$803
Sun River Terrace636$65,481$125,000$1,083
Grant Park1,449$78,385$215,800$1,177
Hopkins Park627$30,660$91,700$661
Aroma Park655$78,500$157,200$850
Bradley15,325$67,420$173,400$1,186
St. Anne1,104$83,077$154,900$921
Manteno9,030$97,634$248,400$1,141
Kankakee23,996$47,514$104,900$1,023

More for people moving to Momence

Momence ZIP code ›Weather and climate ›

Living in Momence: FAQ

What is the median household income in Momence, IL?

The median household income in Momence is $58,365, 30% 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 Momence?

The median home value in Momence is $154,800, compared with $263,300 in Illinois.

How much is rent in Momence?

The median gross rent in Momence is $803 per month, about 32% of household income.

Is Momence, IL a good place to live?

Pluses: home values 41% lower than the state median; an average commute of 27 minutes; a poverty rate of 10.1%. Minuses: median household income 30% lower than the Illinois median; unemployment of 6.1%.

What is the median age in Momence?

The median age in Momence is 37.9 years (Illinois: 39).

How long is the commute in Momence?

The average commute to work in Momence is 27 minutes; 2.2% of workers work from home.

What is the unemployment rate in Momence?

The unemployment rate in Momence is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Momence?

14.8% of adults in Momence 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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