Living in New Minden, Illinois
Cost of living, income, home prices, rent and demographics of New Minden · Census data 2020–2024
New Minden has 218 residents with a median age of 38.5. The median household income is $66,875 (20% lower than the Illinois median), the median home value is $95,000.
New Minden is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Minden at a glance
- Population
- 218
- Median age
- 38.5State: 39
- Median household income
- $66,875State: $83,390
- Median home value
- $95,000State: $263,300
- Homeowners
- 91.5%
- Bachelor's degree or higher
- 11.3%
- Average commute
- 26 min
Is New Minden a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 26 minutes; a poverty rate of 8.5%.
Cons: Median household income 20% lower than the Illinois median; unemployment of 6.4%.
The weather is best in May and August to October.
Cost of living in New Minden
Housing is the biggest part of the cost of living. In New Minden the median home value is $95,000, 71% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,021 a month in housing costs.
New Minden median household income
The median household income in New Minden is $66,875 and the income per person is $35,019. 8.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in New Minden: homes for sale and rent
- Housing units
- 98
- Owner-occupied
- 91.5%
- Renter-occupied
- 8.5%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.32
New Minden demographics
- Population
- 218
- Median age
- 38.5
- Under 18
- 26.1%
- 65 and older
- 17.4%
- Households
- 94
- Foreign-born
- 0%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of New Minden ›
Education in New Minden
11.3% of adults 25 and older in New Minden have a bachelor's degree or higher (Illinois: 37.8%), and 2% have a graduate or professional degree.
Jobs and commute in New Minden
- Unemployment rate
- 6.4%State: 5.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 0.9%
- Drive alone
- 78.6%
- Public transit
- 0%
- Walk to work
- 6.8%
- Homes with broadband
- 90.4%
New Minden vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Minden | 218 | $66,875 | $95,000 | — |
| Hoyleton | 523 | $71,094 | $100,000 | $1,063 |
| Nashville | 2,940 | $63,170 | $156,500 | $813 |
| Addieville | 294 | $99,583 | $156,000 | — |
| Bartelso | 782 | $90,000 | $209,700 | $593 |
| Hoffman | 607 | $66,667 | $106,700 | $675 |
| Okawville | 1,299 | $84,417 | $160,700 | $783 |
| Richview | 208 | $71,250 | $90,800 | — |
| Irvington | 774 | $80,219 | $91,700 | $826 |
More for people moving to New Minden
New Minden ZIP code ›Weather and climate ›Living in New Minden: FAQ
What is the median household income in New Minden, IL?
The median household income in New Minden is $66,875, 20% 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 New Minden?
The median home value in New Minden is $95,000, compared with $263,300 in Illinois.
Is New Minden, IL a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 26 minutes; a poverty rate of 8.5%. Minuses: median household income 20% lower than the Illinois median; unemployment of 6.4%.
What is the median age in New Minden?
The median age in New Minden is 38.5 years (Illinois: 39).
How long is the commute in New Minden?
The average commute to work in New Minden is 26 minutes; 0.9% of workers work from home.
What is the unemployment rate in New Minden?
The unemployment rate in New Minden is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Minden?
11.3% of adults in New Minden 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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