Living in Newman, Illinois
Cost of living, income, home prices, rent and demographics of Newman · Census data 2020–2024
Newman has 882 residents with a median age of 56. The median household income is $75,373 (10% lower than the Illinois median), the median home value is $101,900, the median rent is $775/month.
Newman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newman at a glance
- Population
- 882
- Median age
- 56State: 39
- Median household income
- $75,373State: $83,390
- Median home value
- $101,900State: $263,300
- Median rent
- $775/moState: $1,274
- Homeowners
- 88.8%
- Bachelor's degree or higher
- 17.7%
- Average commute
- 38 min
Is Newman a good place to live?
Pros: Home values 61% lower than the state median; unemployment of 3.6%; a poverty rate of 11%.
Cons: Median household income 10% lower than the Illinois median; an average commute of 38 minutes.
The weather is best in May–June and August–September.
Cost of living in Newman
Housing is the biggest part of the cost of living. In Newman the median home value is $101,900, 69% lower than the U.S. median. Renters pay a median of $775 per month, which is 18.1% of household income. Homeowners with a mortgage pay $931 a month in housing costs.
Newman median household income
The median household income in Newman is $75,373 and the income per person is $33,272. 11% of residents live below the poverty line (Illinois: 11.8%).
Housing in Newman: homes for sale and rent
- Housing units
- 454
- Owner-occupied
- 88.8%
- Renter-occupied
- 11.2%
- Vacant
- 15.4%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.19
Newman demographics
- Population
- 882
- Median age
- 56
- Under 18
- 13.4%
- 65 and older
- 35.1%
- Households
- 384
- Foreign-born
- 1.9%
- Veterans
- 14.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Newman ›
Education in Newman
17.7% of adults 25 and older in Newman have a bachelor's degree or higher (Illinois: 37.8%), and 3.6% have a graduate or professional degree.
Jobs and commute in Newman
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 38 minState: 28 min
- Work from home
- 2%
- Drive alone
- 79%
- Public transit
- 0%
- Walk to work
- 3.5%
- Homes with broadband
- 91.9%
Newman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newman | 882 | $75,373 | $101,900 | $775 |
| Brocton | 275 | $59,231 | $81,300 | — |
| Hume | 492 | $63,958 | $78,000 | $854 |
| Broadlands | 274 | $64,063 | $125,000 | $940 |
| Allerton | 205 | $53,393 | $106,300 | $763 |
| Metcalf | 139 | $54,881 | $55,000 | — |
| Camargo | 456 | $68,333 | $131,500 | $537 |
| Oakland | 862 | $50,848 | $98,100 | $506 |
| Villa Grove | 2,349 | $70,647 | $125,700 | $878 |
More for people moving to Newman
Newman ZIP code ›Weather and climate ›Living in Newman: FAQ
What is the median household income in Newman, IL?
The median household income in Newman is $75,373, 10% 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 Newman?
The median home value in Newman is $101,900, compared with $263,300 in Illinois.
How much is rent in Newman?
The median gross rent in Newman is $775 per month, about 18.1% of household income.
Is Newman, IL a good place to live?
Pluses: home values 61% lower than the state median; unemployment of 3.6%; a poverty rate of 11%. Minuses: median household income 10% lower than the Illinois median; an average commute of 38 minutes.
What is the median age in Newman?
The median age in Newman is 56 years (Illinois: 39).
How long is the commute in Newman?
The average commute to work in Newman is 38 minutes; 2% of workers work from home.
What is the unemployment rate in Newman?
The unemployment rate in Newman is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newman?
17.7% of adults in Newman 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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