Living in Monmouth, Illinois
Cost of living, income, home prices, rent and demographics of Monmouth · Census data 2020–2024
Monmouth has 8,581 residents with a median age of 34.1. The median household income is $61,138 (27% lower than the Illinois median), the median home value is $86,800, the median rent is $733/month.
Monmouth at a glance
- Population
- 8,581
- Median age
- 34.1State: 39
- Median household income
- $61,138State: $83,390
- Median home value
- $86,800State: $263,300
- Median rent
- $733/moState: $1,274
- Homeowners
- 66.3%
- Bachelor's degree or higher
- 18.3%
- Average commute
- 16 min
Is Monmouth a good place to live?
Pros: Home values 67% lower than the state median; an average commute of 16 minutes; unemployment of 3.6%.
Cons: Median household income 27% lower than the Illinois median; a poverty rate of 17.7%.
The weather is best in June to September.
Cost of living in Monmouth
Housing is the biggest part of the cost of living. In Monmouth the median home value is $86,800, 74% lower than the U.S. median. Renters pay a median of $733 per month, which is 20.4% of household income. Homeowners with a mortgage pay $974 a month in housing costs.
Monmouth median household income
The median household income in Monmouth is $61,138 and the income per person is $29,501. 17.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Monmouth: homes for sale and rent
- Housing units
- 3,750
- Owner-occupied
- 66.3%
- Renter-occupied
- 33.7%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.29
Monmouth demographics
- Population
- 8,581
- Median age
- 34.1
- Under 18
- 23.8%
- 65 and older
- 15.9%
- Households
- 3,323
- Foreign-born
- 10.5%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Monmouth ›
Education in Monmouth
18.3% of adults 25 and older in Monmouth have a bachelor's degree or higher (Illinois: 37.8%), and 6.9% have a graduate or professional degree.
Jobs and commute in Monmouth
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 16 minState: 28 min
- Work from home
- 7.5%
- Drive alone
- 75%
- Public transit
- 1.3%
- Walk to work
- 6.5%
- Homes with broadband
- 85.6%
Monmouth vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monmouth | 8,581 | $61,138 | $86,800 | $733 |
| Kirkwood | 754 | $67,917 | $89,100 | $938 |
| Cameron | 280 | $92,167 | $111,300 | — |
| Little York | 379 | $54,545 | $81,200 | $828 |
| Alexis | 814 | $66,250 | $97,600 | $850 |
| Biggsville | 294 | $86,250 | $83,500 | — |
| Roseville | 823 | $58,203 | $85,700 | $859 |
| Media | 153 | $76,607 | $89,500 | — |
| Galesburg | 29,481 | $48,297 | $96,400 | $801 |
More for people moving to Monmouth
Monmouth ZIP code ›Weather and climate ›Living in Monmouth: FAQ
What is the median household income in Monmouth, IL?
The median household income in Monmouth is $61,138, 27% 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 Monmouth?
The median home value in Monmouth is $86,800, compared with $263,300 in Illinois.
How much is rent in Monmouth?
The median gross rent in Monmouth is $733 per month, about 20.4% of household income.
Is Monmouth, IL a good place to live?
Pluses: home values 67% lower than the state median; an average commute of 16 minutes; unemployment of 3.6%. Minuses: median household income 27% lower than the Illinois median; a poverty rate of 17.7%.
What is the median age in Monmouth?
The median age in Monmouth is 34.1 years (Illinois: 39).
How long is the commute in Monmouth?
The average commute to work in Monmouth is 16 minutes; 7.5% of workers work from home.
What is the unemployment rate in Monmouth?
The unemployment rate in Monmouth is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monmouth?
18.3% of adults in Monmouth 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.
Last updated: