Living in Raritan, Illinois

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

Raritan has 134 residents with a median age of 54.5. The median household income is $68,750 (18% lower than the Illinois median), the median home value is $87,500, the median rent is $875/month.

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

Raritan at a glance

Population
134
Median age
54.5State: 39
Median household income
$68,750State: $83,390
Median home value
$87,500State: $263,300
Median rent
$875/moState: $1,274
Homeowners
86.5%
Bachelor's degree or higher
12.5%
Average commute
31 min

Is Raritan a good place to live?

Pros: Home values 67% lower than the state median; unemployment of 5.6%.

Cons: Median household income 18% lower than the Illinois median; an average commute of 31 minutes; a poverty rate of 14.2%.

The weather is best in June to September.

Cost of living in Raritan

Housing is the biggest part of the cost of living. In Raritan the median home value is $87,500, 74% lower than the U.S. median. Renters pay a median of $875 per month, which is 23.8% of household income. Homeowners with a mortgage pay $1,417 a month in housing costs.

Median home value

Raritan$87,500
Illinois$263,300
United States$332,700

Median monthly rent

Raritan$875
Illinois$1,274
United States$1,413

Raritan median household income

The median household income in Raritan is $68,750 and the income per person is $30,435. 14.2% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Raritan$68,750
Illinois$83,390
United States$80,734

Housing in Raritan: homes for sale and rent

Housing units
52
Owner-occupied
86.5%
Renter-occupied
13.5%
Vacant
0%Includes seasonal homes
Median year built
1938
Average household size
2.58

Raritan demographics

Population
134
Median age
54.5
Under 18
15.7%
65 and older
31.3%
Households
52
Foreign-born
0%
Veterans
12.4%Adults 18+

Race and ethnicity

White92.5%
Hispanic or Latino2.2%
Black0%
Asian0%

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

Education in Raritan

12.5% of adults 25 and older in Raritan have a bachelor's degree or higher (Illinois: 37.8%), and 2.7% have a graduate or professional degree.

Bachelor's degree or higher

Raritan12.5%
Illinois37.8%
United States35.7%

Jobs and commute in Raritan

Unemployment rate
5.6%State: 5.8%
Average commute
31 minState: 28 min
Work from home
0%
Drive alone
76.5%
Public transit
7.8%
Walk to work
7.8%
Homes with broadband
96.2%

Raritan vs nearby towns

TownPopulationMedian incomeHome valueRent
Raritan134$68,750$87,500$875
Media153$76,607$89,500—
Stronghurst949$59,375$124,600$894
Roseville823$58,203$85,700$859
Blandinsville666$52,375$68,800$1,059
La Harpe1,273$49,205$86,400$491
Biggsville294$86,250$83,500—
Good Hope438$73,636$97,000$788
Kirkwood754$67,917$89,100$938

More for people moving to Raritan

Raritan ZIP code ›Weather and climate ›

Living in Raritan: FAQ

What is the median household income in Raritan, IL?

The median household income in Raritan is $68,750, 18% 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 Raritan?

The median home value in Raritan is $87,500, compared with $263,300 in Illinois.

How much is rent in Raritan?

The median gross rent in Raritan is $875 per month, about 23.8% of household income.

Is Raritan, IL a good place to live?

Pluses: home values 67% lower than the state median; unemployment of 5.6%. Minuses: median household income 18% lower than the Illinois median; an average commute of 31 minutes; a poverty rate of 14.2%.

What is the median age in Raritan?

The median age in Raritan is 54.5 years (Illinois: 39).

How long is the commute in Raritan?

The average commute to work in Raritan is 31 minutes; 0% of workers work from home.

What is the unemployment rate in Raritan?

The unemployment rate in Raritan is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Raritan?

12.5% of adults in Raritan 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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