Living in Oreana, Illinois

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

Oreana has 1,037 residents with a median age of 34.1. The median household income is $89,000 (7% higher than the Illinois median), the median home value is $137,300, the median rent is $907/month.

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

Oreana at a glance

Population
1,037
Median age
34.1State: 39
Median household income
$89,000State: $83,390
Median home value
$137,300State: $263,300
Median rent
$907/moState: $1,274
Homeowners
86.4%
Bachelor's degree or higher
24.6%
Average commute
20 min

Is Oreana a good place to live?

Pros: Median household income 7% higher than the Illinois median; home values 48% lower than the state median; an average commute of 20 minutes; unemployment of 5.3%; a poverty rate of 3%.

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

Cost of living in Oreana

Housing is the biggest part of the cost of living. In Oreana the median home value is $137,300, 59% lower than the U.S. median. Renters pay a median of $907 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,308 a month in housing costs.

Median home value

Oreana$137,300
Illinois$263,300
United States$332,700

Median monthly rent

Oreana$907
Illinois$1,274
United States$1,413

Oreana median household income

The median household income in Oreana is $89,000 and the income per person is $35,898. 3% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Oreana$89,000
Illinois$83,390
United States$80,734

Housing in Oreana: homes for sale and rent

Housing units
447
Owner-occupied
86.4%
Renter-occupied
13.6%
Vacant
4.3%Includes seasonal homes
Median year built
1966
Average household size
2.42

Oreana demographics

Population
1,037
Median age
34.1
Under 18
27.6%
65 and older
17.5%
Households
428
Foreign-born
0.4%
Veterans
11.9%Adults 18+

Race and ethnicity

White88.5%
Hispanic or Latino4.5%
Black2.9%
Asian0.3%

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

Education in Oreana

24.6% of adults 25 and older in Oreana have a bachelor's degree or higher (Illinois: 37.8%), and 4.2% have a graduate or professional degree.

Bachelor's degree or higher

Oreana24.6%
Illinois37.8%
United States35.7%

Jobs and commute in Oreana

Unemployment rate
5.3%State: 5.8%
Average commute
20 minState: 28 min
Work from home
7.8%
Drive alone
87.3%
Public transit
0%
Walk to work
0.4%
Homes with broadband
90.2%

Oreana vs nearby towns

TownPopulationMedian incomeHome valueRent
Oreana1,037$89,000$137,300$907
Argenta879$73,482$106,300$1,286
Forsyth3,502$112,000$281,000$1,222
Decatur69,815$51,592$99,600$845
Cerro Gordo1,349$77,857$109,200$846
Maroa1,714$72,500$126,800$851
Cisco234$50,625$113,100$1,146
Long Creek1,392$78,519$167,500$850
Warrensburg921$81,719$145,400$775

More for people moving to Oreana

Oreana ZIP code ›Weather and climate ›

Living in Oreana: FAQ

What is the median household income in Oreana, IL?

The median household income in Oreana is $89,000, 7% higher 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 Oreana?

The median home value in Oreana is $137,300, compared with $263,300 in Illinois.

How much is rent in Oreana?

The median gross rent in Oreana is $907 per month, about 23.6% of household income.

Is Oreana, IL a good place to live?

Pluses: median household income 7% higher than the Illinois median; home values 48% lower than the state median; an average commute of 20 minutes; unemployment of 5.3%; a poverty rate of 3%.

What is the median age in Oreana?

The median age in Oreana is 34.1 years (Illinois: 39).

How long is the commute in Oreana?

The average commute to work in Oreana is 20 minutes; 7.8% of workers work from home.

What is the unemployment rate in Oreana?

The unemployment rate in Oreana is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oreana?

24.6% of adults in Oreana 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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