Living in Rantoul, Illinois
Cost of living, income, home prices, rent and demographics of Rantoul · Census data 2020–2024
Rantoul has 12,421 residents with a median age of 36.6. The median household income is $48,691 (42% lower than the Illinois median), the median home value is $118,200, the median rent is $890/month.
Rantoul at a glance
- Population
- 12,421
- Median age
- 36.6State: 39
- Median household income
- $48,691State: $83,390
- Median home value
- $118,200State: $263,300
- Median rent
- $890/moState: $1,274
- Homeowners
- 55%
- Bachelor's degree or higher
- 12.4%
- Average commute
- 20 min
Is Rantoul a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 20 minutes; unemployment of 3.2%.
Cons: Median household income 42% lower than the Illinois median; a poverty rate of 16.9%.
The weather is best in May and August to October.
Cost of living in Rantoul
Housing is the biggest part of the cost of living. In Rantoul the median home value is $118,200, 64% lower than the U.S. median. Renters pay a median of $890 per month, which is 25.9% of household income. Homeowners with a mortgage pay $1,265 a month in housing costs.
Rantoul median household income
The median household income in Rantoul is $48,691 and the income per person is $28,208. 16.9% of residents live below the poverty line (Illinois: 11.8%).
Housing in Rantoul: homes for sale and rent
- Housing units
- 6,089
- Owner-occupied
- 55%
- Renter-occupied
- 45%
- Vacant
- 11.7%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.28
Rantoul demographics
- Population
- 12,421
- Median age
- 36.6
- Under 18
- 25.7%
- 65 and older
- 14.6%
- Households
- 5,374
- Foreign-born
- 8.9%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Rantoul ›
Education in Rantoul
12.4% of adults 25 and older in Rantoul have a bachelor's degree or higher (Illinois: 37.8%), and 4.9% have a graduate or professional degree.
Jobs and commute in Rantoul
- Unemployment rate
- 3.2%State: 5.8%
- Average commute
- 20 minState: 28 min
- Work from home
- 11.8%
- Drive alone
- 78.3%
- Public transit
- 0.1%
- Walk to work
- 1.4%
- Homes with broadband
- 83.8%
Rantoul vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rantoul | 12,421 | $48,691 | $118,200 | $890 |
| Thomasboro | 918 | $64,038 | $111,800 | $808 |
| Ludlow | 372 | $45,000 | $72,500 | $1,024 |
| Gifford | 822 | $76,964 | $171,200 | $555 |
| Fisher | 1,605 | $97,702 | $190,100 | $917 |
| Paxton | 4,131 | $62,386 | $120,400 | $784 |
| Penfield | 190 | $97,000 | $96,200 | — |
| Royal | 292 | $86,250 | $161,200 | $1,136 |
| Elliott | 258 | $51,094 | $83,800 | $736 |
More for people moving to Rantoul
Rantoul ZIP code ›Weather and climate ›Living in Rantoul: FAQ
What is the median household income in Rantoul, IL?
The median household income in Rantoul is $48,691, 42% 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 Rantoul?
The median home value in Rantoul is $118,200, compared with $263,300 in Illinois.
How much is rent in Rantoul?
The median gross rent in Rantoul is $890 per month, about 25.9% of household income.
Is Rantoul, IL a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 20 minutes; unemployment of 3.2%. Minuses: median household income 42% lower than the Illinois median; a poverty rate of 16.9%.
What is the median age in Rantoul?
The median age in Rantoul is 36.6 years (Illinois: 39).
How long is the commute in Rantoul?
The average commute to work in Rantoul is 20 minutes; 11.8% of workers work from home.
What is the unemployment rate in Rantoul?
The unemployment rate in Rantoul is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rantoul?
12.4% of adults in Rantoul 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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