Living in Tallula, Illinois
Cost of living, income, home prices, rent and demographics of Tallula · Census data 2020–2024
Tallula has 494 residents with a median age of 45.9. The median household income is $69,167 (17% lower than the Illinois median), the median home value is $94,500, the median rent is $1,028/month.
Tallula is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Tallula at a glance
- Population
- 494
- Median age
- 45.9State: 39
- Median household income
- $69,167State: $83,390
- Median home value
- $94,500State: $263,300
- Median rent
- $1,028/moState: $1,274
- Homeowners
- 87.2%
- Bachelor's degree or higher
- 15.4%
- Average commute
- 29 min
Is Tallula a good place to live?
Pros: Home values 64% lower than the state median; a poverty rate of 11.7%.
Cons: Median household income 17% lower than the Illinois median; an average commute of 29 minutes; unemployment of 15.6%.
The weather is best in May–June and August–September.
Cost of living in Tallula
Housing is the biggest part of the cost of living. In Tallula the median home value is $94,500, 72% lower than the U.S. median. Renters pay a median of $1,028 per month, which is 21.7% of household income. Homeowners with a mortgage pay $1,162 a month in housing costs.
Tallula median household income
The median household income in Tallula is $69,167 and the income per person is $34,770. 11.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Tallula: homes for sale and rent
- Housing units
- 264
- Owner-occupied
- 87.2%
- Renter-occupied
- 12.8%
- Vacant
- 14.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.19
Tallula demographics
- Population
- 494
- Median age
- 45.9
- Under 18
- 21.1%
- 65 and older
- 20.9%
- Households
- 226
- Foreign-born
- 0%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Tallula ›
Education in Tallula
15.4% of adults 25 and older in Tallula have a bachelor's degree or higher (Illinois: 37.8%), and 3.7% have a graduate or professional degree.
Jobs and commute in Tallula
- Unemployment rate
- 15.6%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 25.9%
- Drive alone
- 70.2%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 88.5%
Tallula vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tallula | 494 | $69,167 | $94,500 | $1,028 |
| Pleasant Plains | 886 | $89,643 | $169,000 | $1,079 |
| Lake Petersburg | 928 | $144,375 | $338,700 | — |
| Ashland | 999 | $68,060 | $98,500 | $571 |
| Petersburg | 2,341 | $56,458 | $177,700 | $653 |
| Oakford | 191 | $65,000 | $100,600 | $838 |
| Athens | 2,102 | $81,192 | $164,000 | $855 |
| Berlin | 103 | $66,250 | — | — |
| Chandlerville | 534 | $44,375 | $68,800 | $1,005 |
More for people moving to Tallula
Tallula ZIP code ›Weather and climate ›Living in Tallula: FAQ
What is the median household income in Tallula, IL?
The median household income in Tallula is $69,167, 17% 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 Tallula?
The median home value in Tallula is $94,500, compared with $263,300 in Illinois.
How much is rent in Tallula?
The median gross rent in Tallula is $1,028 per month, about 21.7% of household income.
Is Tallula, IL a good place to live?
Pluses: home values 64% lower than the state median; a poverty rate of 11.7%. Minuses: median household income 17% lower than the Illinois median; an average commute of 29 minutes; unemployment of 15.6%.
What is the median age in Tallula?
The median age in Tallula is 45.9 years (Illinois: 39).
How long is the commute in Tallula?
The average commute to work in Tallula is 29 minutes; 25.9% of workers work from home.
What is the unemployment rate in Tallula?
The unemployment rate in Tallula is 15.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tallula?
15.4% of adults in Tallula 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.
Last updated: