Living in Potomac, Illinois
Cost of living, income, home prices, rent and demographics of Potomac · Census data 2020–2024
Potomac has 605 residents with a median age of 40.1. The median household income is $53,194 (36% lower than the Illinois median), the median home value is $95,500, the median rent is $780/month.
Potomac is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Potomac at a glance
- Population
- 605
- Median age
- 40.1State: 39
- Median household income
- $53,194State: $83,390
- Median home value
- $95,500State: $263,300
- Median rent
- $780/moState: $1,274
- Homeowners
- 76%
- Bachelor's degree or higher
- 12.5%
- Average commute
- 29 min
Is Potomac a good place to live?
Pros: Home values 64% lower than the state median; unemployment of 4%; a poverty rate of 7.7%.
Cons: Median household income 36% lower than the Illinois median; an average commute of 29 minutes.
The weather is best in May–June and August–September.
Cost of living in Potomac
Housing is the biggest part of the cost of living. In Potomac the median home value is $95,500, 71% lower than the U.S. median. Renters pay a median of $780 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,085 a month in housing costs.
Potomac median household income
The median household income in Potomac is $53,194 and the income per person is $39,672. 7.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Potomac: homes for sale and rent
- Housing units
- 287
- Owner-occupied
- 76%
- Renter-occupied
- 24%
- Vacant
- 8.7%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.31
Potomac demographics
- Population
- 605
- Median age
- 40.1
- Under 18
- 27.3%
- 65 and older
- 17.7%
- Households
- 262
- Foreign-born
- 0.2%
- Veterans
- 11.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Potomac ›
Education in Potomac
12.5% of adults 25 and older in Potomac have a bachelor's degree or higher (Illinois: 37.8%), and 4.4% have a graduate or professional degree.
Jobs and commute in Potomac
- Unemployment rate
- 4%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 2.8%
- Drive alone
- 86.8%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 88.2%
Potomac vs nearby towns
More for people moving to Potomac
Potomac ZIP code ›Weather and climate ›Living in Potomac: FAQ
What is the median household income in Potomac, IL?
The median household income in Potomac is $53,194, 36% 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 Potomac?
The median home value in Potomac is $95,500, compared with $263,300 in Illinois.
How much is rent in Potomac?
The median gross rent in Potomac is $780 per month, about 22.5% of household income.
Is Potomac, IL a good place to live?
Pluses: home values 64% lower than the state median; unemployment of 4%; a poverty rate of 7.7%. Minuses: median household income 36% lower than the Illinois median; an average commute of 29 minutes.
What is the median age in Potomac?
The median age in Potomac is 40.1 years (Illinois: 39).
How long is the commute in Potomac?
The average commute to work in Potomac is 29 minutes; 2.8% of workers work from home.
What is the unemployment rate in Potomac?
The unemployment rate in Potomac is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Potomac?
12.5% of adults in Potomac 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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