Living in Nebo, Illinois

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

Nebo has 266 residents with a median age of 44.8. The median household income is $44,625 (46% lower than the Illinois median), the median home value is $46,200, the median rent is $950/month.

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

Nebo at a glance

Population
266
Median age
44.8State: 39
Median household income
$44,625State: $83,390
Median home value
$46,200State: $263,300
Median rent
$950/moState: $1,274
Homeowners
93.1%
Bachelor's degree or higher
2.5%
Average commute
20 min

Is Nebo a good place to live?

Pros: Home values 82% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 46% lower than the Illinois median; unemployment of 6%; a poverty rate of 17.8%.

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

Cost of living in Nebo

Housing is the biggest part of the cost of living. In Nebo the median home value is $46,200, 86% lower than the U.S. median. Renters pay a median of $950 per month. Homeowners with a mortgage pay $1,021 a month in housing costs.

Median home value

Nebo$46,200
Illinois$263,300
United States$332,700

Median monthly rent

Nebo$950
Illinois$1,274
United States$1,413

Nebo median household income

The median household income in Nebo is $44,625 and the income per person is $21,573. 17.8% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Nebo$44,625
Illinois$83,390
United States$80,734

Housing in Nebo: homes for sale and rent

Housing units
145
Owner-occupied
93.1%
Renter-occupied
6.9%
Vacant
40%Includes seasonal homes
Median year built
1956
Average household size
3.06

40% of homes are vacant most of the year, a sign that Nebo has many vacation and second homes.

Nebo demographics

Population
266
Median age
44.8
Under 18
19.5%
65 and older
28.9%
Households
87
Foreign-born
1.5%
Veterans
15.4%Adults 18+

Race and ethnicity

White92.9%
Hispanic or Latino5.6%
Black0%
Asian0%

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

Education in Nebo

2.5% of adults 25 and older in Nebo have a bachelor's degree or higher (Illinois: 37.8%), and 1.5% have a graduate or professional degree.

Bachelor's degree or higher

Nebo2.5%
Illinois37.8%
United States35.7%

Jobs and commute in Nebo

Unemployment rate
6%State: 5.8%
Average commute
20 minState: 28 min
Work from home
9%
Drive alone
73.1%
Public transit
0%
Walk to work
0%
Homes with broadband
67.8%

Nebo vs nearby towns

TownPopulationMedian incomeHome valueRent
Nebo266$44,625$46,200$950
Pleasant Hill970$49,904$78,200$638
Clarksville402$63,000$107,700$725
Pittsfield4,420$54,643$111,400$705
Milton217$50,769$71,300—
Kampsville264$61,875$86,300$594
Louisiana3,228$38,673$72,100$645

More for people moving to Nebo

Nebo ZIP code ›Weather and climate ›

Living in Nebo: FAQ

What is the median household income in Nebo, IL?

The median household income in Nebo is $44,625, 46% 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 Nebo?

The median home value in Nebo is $46,200, compared with $263,300 in Illinois.

How much is rent in Nebo?

The median gross rent in Nebo is $950 per month.

Is Nebo, IL a good place to live?

Pluses: home values 82% lower than the state median; an average commute of 20 minutes. Minuses: median household income 46% lower than the Illinois median; unemployment of 6%; a poverty rate of 17.8%.

What is the median age in Nebo?

The median age in Nebo is 44.8 years (Illinois: 39).

How long is the commute in Nebo?

The average commute to work in Nebo is 20 minutes; 9% of workers work from home.

What is the unemployment rate in Nebo?

The unemployment rate in Nebo is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Nebo?

2.5% of adults in Nebo 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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