Living in Tampico, Illinois
Cost of living, income, home prices, rent and demographics of Tampico · Census data 2020–2024
Tampico has 565 residents with a median age of 39.5. The median household income is $56,250 (33% lower than the Illinois median), the median home value is $86,000, the median rent is $1,000/month.
Tampico is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Tampico at a glance
- Population
- 565
- Median age
- 39.5State: 39
- Median household income
- $56,250State: $83,390
- Median home value
- $86,000State: $263,300
- Median rent
- $1,000/moState: $1,274
- Homeowners
- 89.2%
- Bachelor's degree or higher
- 10%
- Average commute
- 29 min
Is Tampico a good place to live?
Pros: Home values 67% lower than the state median.
Cons: Median household income 33% lower than the Illinois median; an average commute of 29 minutes; unemployment of 6.2%; a poverty rate of 13%.
The weather is best in June to September.
Cost of living in Tampico
Housing is the biggest part of the cost of living. In Tampico the median home value is $86,000, 74% lower than the U.S. median. Renters pay a median of $1,000 per month, which is 27.5% of household income. Homeowners with a mortgage pay $931 a month in housing costs.
Tampico median household income
The median household income in Tampico is $56,250 and the income per person is $27,451. 13% of residents live below the poverty line (Illinois: 11.8%).
Housing in Tampico: homes for sale and rent
- Housing units
- 326
- Owner-occupied
- 89.2%
- Renter-occupied
- 10.8%
- Vacant
- 26.4%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.35
Tampico demographics
- Population
- 565
- Median age
- 39.5
- Under 18
- 21.6%
- 65 and older
- 21.2%
- Households
- 240
- Foreign-born
- 0%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Tampico ›
Education in Tampico
10% of adults 25 and older in Tampico have a bachelor's degree or higher (Illinois: 37.8%), and 1.2% have a graduate or professional degree.
Jobs and commute in Tampico
- Unemployment rate
- 6.2%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 2.2%
- Drive alone
- 90.9%
- Public transit
- 0%
- Walk to work
- 1.8%
- Homes with broadband
- 91.3%
Tampico vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tampico | 565 | $56,250 | $86,000 | $1,000 |
| Prophetstown | 1,903 | $65,125 | $116,600 | $733 |
| Lyndon | 433 | $60,104 | $113,500 | — |
| Como | 535 | $63,750 | $175,700 | — |
| Hooppole | 182 | $44,261 | $75,000 | — |
| Rock Falls | 8,587 | $49,600 | $83,900 | $754 |
| Galt | 213 | $112,569 | — | — |
| Walnut | 1,282 | $61,750 | $102,100 | $617 |
| Sterling | 14,717 | $57,350 | $108,700 | $859 |
More for people moving to Tampico
Tampico ZIP code ›Weather and climate ›Living in Tampico: FAQ
What is the median household income in Tampico, IL?
The median household income in Tampico is $56,250, 33% 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 Tampico?
The median home value in Tampico is $86,000, compared with $263,300 in Illinois.
How much is rent in Tampico?
The median gross rent in Tampico is $1,000 per month, about 27.5% of household income.
Is Tampico, IL a good place to live?
Pluses: home values 67% lower than the state median. Minuses: median household income 33% lower than the Illinois median; an average commute of 29 minutes; unemployment of 6.2%; a poverty rate of 13%.
What is the median age in Tampico?
The median age in Tampico is 39.5 years (Illinois: 39).
How long is the commute in Tampico?
The average commute to work in Tampico is 29 minutes; 2.2% of workers work from home.
What is the unemployment rate in Tampico?
The unemployment rate in Tampico is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tampico?
10% of adults in Tampico 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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