Living in Raleigh, Illinois
Cost of living, income, home prices, rent and demographics of Raleigh · Census data 2020–2024
Raleigh has 235 residents with a median age of 53.8. The median household income is $49,167 (41% lower than the Illinois median), the median home value is $80,000, the median rent is $600/month.
Raleigh is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Raleigh at a glance
- Population
- 235
- Median age
- 53.8State: 39
- Median household income
- $49,167State: $83,390
- Median home value
- $80,000State: $263,300
- Median rent
- $600/moState: $1,274
- Homeowners
- 87.3%
- Bachelor's degree or higher
- 9%
- Average commute
- 20 min
Is Raleigh a good place to live?
Pros: Home values 70% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 41% lower than the Illinois median; unemployment of 12.5%; a poverty rate of 17.4%.
The weather is best in May and August to October.
Cost of living in Raleigh
Housing is the biggest part of the cost of living. In Raleigh the median home value is $80,000, 76% lower than the U.S. median. Renters pay a median of $600 per month, which is 27.5% of household income. Homeowners with a mortgage pay $938 a month in housing costs.
Raleigh median household income
The median household income in Raleigh is $49,167 and the income per person is $25,650. 17.4% of residents live below the poverty line (Illinois: 11.8%).
Housing in Raleigh: homes for sale and rent
- Housing units
- 162
- Owner-occupied
- 87.3%
- Renter-occupied
- 12.7%
- Vacant
- 32.1%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.14
32.1% of homes are vacant most of the year, a sign that Raleigh has many vacation and second homes.
Raleigh demographics
- Population
- 235
- Median age
- 53.8
- Under 18
- 16.2%
- 65 and older
- 31.1%
- Households
- 110
- Foreign-born
- 0%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Raleigh ›
Education in Raleigh
9% of adults 25 and older in Raleigh have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Raleigh
- Unemployment rate
- 12.5%State: 5.8%
- Average commute
- 20 minState: 28 min
- Work from home
- 4.7%
- Drive alone
- 95.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.5%
Raleigh vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raleigh | 235 | $49,167 | $80,000 | $600 |
| Galatia | 913 | $48,258 | $70,200 | $912 |
| Eldorado | 3,771 | $37,154 | $66,200 | $657 |
| Harrisburg | 8,372 | $43,415 | $84,100 | $760 |
| Broughton | 206 | $54,375 | — | — |
| Carrier Mills | 1,634 | $50,729 | $60,100 | $478 |
| Equality | 609 | $42,443 | $82,900 | $428 |
| Omaha | 171 | $57,321 | $47,500 | $810 |
| Thompsonville | 500 | $46,058 | $84,500 | $674 |
More for people moving to Raleigh
Raleigh ZIP code ›Weather and climate ›Living in Raleigh: FAQ
What is the median household income in Raleigh, IL?
The median household income in Raleigh is $49,167, 41% 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 Raleigh?
The median home value in Raleigh is $80,000, compared with $263,300 in Illinois.
How much is rent in Raleigh?
The median gross rent in Raleigh is $600 per month, about 27.5% of household income.
Is Raleigh, IL a good place to live?
Pluses: home values 70% lower than the state median; an average commute of 20 minutes. Minuses: median household income 41% lower than the Illinois median; unemployment of 12.5%; a poverty rate of 17.4%.
What is the median age in Raleigh?
The median age in Raleigh is 53.8 years (Illinois: 39).
How long is the commute in Raleigh?
The average commute to work in Raleigh is 20 minutes; 4.7% of workers work from home.
What is the unemployment rate in Raleigh?
The unemployment rate in Raleigh is 12.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Raleigh?
9% of adults in Raleigh 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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