Living in Nilwood, Illinois
Cost of living, income, home prices, rent and demographics of Nilwood · Census data 2020–2024
Nilwood has 151 residents with a median age of 56.5. The median household income is $46,771 (44% lower than the Illinois median), the median home value is $47,600.
Nilwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Nilwood at a glance
- Population
- 151
- Median age
- 56.5State: 39
- Median household income
- $46,771State: $83,390
- Median home value
- $47,600State: $263,300
- Homeowners
- 95.4%
- Bachelor's degree or higher
- 6.2%
- Average commute
- 33 min
Is Nilwood a good place to live?
Pros: Home values 82% lower than the state median.
Cons: Median household income 44% lower than the Illinois median; an average commute of 33 minutes; unemployment of 8.3%; a poverty rate of 15.2%.
The weather is best in May–June and August–September.
Cost of living in Nilwood
Housing is the biggest part of the cost of living. In Nilwood the median home value is $47,600, 86% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,328 a month in housing costs.
Nilwood median household income
The median household income in Nilwood is $46,771 and the income per person is $24,078. 15.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Nilwood: homes for sale and rent
- Housing units
- 112
- Owner-occupied
- 95.4%
- Renter-occupied
- 4.6%
- Vacant
- 42%Includes seasonal homes
- Median year built
- 1941
- Average household size
- 2.32
42% of homes are vacant most of the year, a sign that Nilwood has many vacation and second homes.
Nilwood demographics
- Population
- 151
- Median age
- 56.5
- Under 18
- 7.9%
- 65 and older
- 33.8%
- Households
- 65
- Foreign-born
- 0%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Nilwood ›
Education in Nilwood
6.2% of adults 25 and older in Nilwood have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Nilwood
- Unemployment rate
- 8.3%State: 5.8%
- Average commute
- 33 minState: 28 min
- Work from home
- 0%
- Drive alone
- 98.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 70.8%
Nilwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nilwood | 151 | $46,771 | $47,600 | — |
| Girard | 1,743 | $50,300 | $98,100 | $808 |
| Standard City | 182 | $49,333 | $70,000 | — |
| Virden | 3,171 | $80,577 | $101,300 | $864 |
| Waggoner | 169 | $70,417 | $37,500 | $650 |
| Farmersville | 763 | $63,750 | $116,900 | $764 |
| Carlinville | 5,480 | $57,708 | $105,700 | $824 |
| Thayer | 531 | $62,083 | $97,100 | $968 |
| Palmyra | 486 | $44,276 | $87,500 | $718 |
More for people moving to Nilwood
Nilwood ZIP code ›Weather and climate ›Living in Nilwood: FAQ
What is the median household income in Nilwood, IL?
The median household income in Nilwood is $46,771, 44% 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 Nilwood?
The median home value in Nilwood is $47,600, compared with $263,300 in Illinois.
Is Nilwood, IL a good place to live?
Pluses: home values 82% lower than the state median. Minuses: median household income 44% lower than the Illinois median; an average commute of 33 minutes; unemployment of 8.3%; a poverty rate of 15.2%.
What is the median age in Nilwood?
The median age in Nilwood is 56.5 years (Illinois: 39).
How long is the commute in Nilwood?
The average commute to work in Nilwood is 33 minutes; 0% of workers work from home.
What is the unemployment rate in Nilwood?
The unemployment rate in Nilwood is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nilwood?
6.2% of adults in Nilwood 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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