Living in Omaha, Illinois
Cost of living, income, home prices, rent and demographics of Omaha · Census data 2020–2024
Omaha has 171 residents with a median age of 47.7. The median household income is $57,321 (31% lower than the Illinois median), the median home value is $47,500, the median rent is $810/month.
Omaha is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Omaha at a glance
- Population
- 171
- Median age
- 47.7State: 39
- Median household income
- $57,321State: $83,390
- Median home value
- $47,500State: $263,300
- Median rent
- $810/moState: $1,274
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 13.4%
- Average commute
- 22 min
Is Omaha a good place to live?
Pros: Home values 82% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 31% lower than the Illinois median; unemployment of 11.5%; a poverty rate of 21.6%.
The weather is best in May and August to October.
Cost of living in Omaha
Housing is the biggest part of the cost of living. In Omaha the median home value is $47,500, 86% lower than the U.S. median. Renters pay a median of $810 per month, which is 35.5% of household income. Homeowners with a mortgage pay — a month in housing costs.
Omaha median household income
The median household income in Omaha is $57,321 and the income per person is $33,275. 21.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Omaha: homes for sale and rent
- Housing units
- 99
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 28.3%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.41
Omaha demographics
- Population
- 171
- Median age
- 47.7
- Under 18
- 21.6%
- 65 and older
- 30.4%
- Households
- 71
- Foreign-born
- 0.6%
- Veterans
- 20.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Omaha ›
Education in Omaha
13.4% of adults 25 and older in Omaha have a bachelor's degree or higher (Illinois: 37.8%), and 2.5% have a graduate or professional degree.
Jobs and commute in Omaha
- Unemployment rate
- 11.5%State: 5.8%
- Average commute
- 22 minState: 28 min
- Work from home
- 9.3%
- Drive alone
- 83.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 76.1%
Omaha vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Omaha | 171 | $57,321 | $47,500 | $810 |
| Norris City | 1,624 | $42,333 | $86,700 | $711 |
| Ridgway | 779 | $46,000 | $75,000 | $667 |
| Broughton | 206 | $54,375 | — | — |
| Eldorado | 3,771 | $37,154 | $66,200 | $657 |
| New Haven | 464 | $36,250 | $61,000 | $490 |
| Equality | 609 | $42,443 | $82,900 | $428 |
| Raleigh | 235 | $49,167 | $80,000 | $600 |
| Shawneetown | 1,087 | $48,194 | $85,700 | $428 |
More for people moving to Omaha
Omaha ZIP code ›Weather and climate ›Living in Omaha: FAQ
What is the median household income in Omaha, IL?
The median household income in Omaha is $57,321, 31% 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 Omaha?
The median home value in Omaha is $47,500, compared with $263,300 in Illinois.
How much is rent in Omaha?
The median gross rent in Omaha is $810 per month, about 35.5% of household income.
Is Omaha, IL a good place to live?
Pluses: home values 82% lower than the state median; an average commute of 22 minutes. Minuses: median household income 31% lower than the Illinois median; unemployment of 11.5%; a poverty rate of 21.6%.
What is the median age in Omaha?
The median age in Omaha is 47.7 years (Illinois: 39).
How long is the commute in Omaha?
The average commute to work in Omaha is 22 minutes; 9.3% of workers work from home.
What is the unemployment rate in Omaha?
The unemployment rate in Omaha is 11.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Omaha?
13.4% of adults in Omaha 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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