Living in Tolono, Illinois
Cost of living, income, home prices, rent and demographics of Tolono · Census data 2020–2024
Tolono has 3,566 residents with a median age of 34.5. The median household income is $69,653 (16% lower than the Illinois median), the median home value is $208,600, the median rent is $945/month.
Tolono at a glance
- Population
- 3,566
- Median age
- 34.5State: 39
- Median household income
- $69,653State: $83,390
- Median home value
- $208,600State: $263,300
- Median rent
- $945/moState: $1,274
- Homeowners
- 70.6%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 18 min
Is Tolono a good place to live?
Pros: Home values 21% lower than the state median; an average commute of 18 minutes; a poverty rate of 4.6%.
Cons: Median household income 16% lower than the Illinois median; unemployment of 11.4%.
The weather is best in May and July to September.
Cost of living in Tolono
Housing is the biggest part of the cost of living. In Tolono the median home value is $208,600, 37% lower than the U.S. median. Renters pay a median of $945 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,567 a month in housing costs.
Tolono median household income
The median household income in Tolono is $69,653 and the income per person is $36,212. 4.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Tolono: homes for sale and rent
- Housing units
- 1,444
- Owner-occupied
- 70.6%
- Renter-occupied
- 29.4%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.57
Tolono demographics
- Population
- 3,566
- Median age
- 34.5
- Under 18
- 28.9%
- 65 and older
- 12.9%
- Households
- 1,379
- Foreign-born
- 0.7%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Tolono ›
Education in Tolono
25.7% of adults 25 and older in Tolono have a bachelor's degree or higher (Illinois: 37.8%), and 6.9% have a graduate or professional degree.
Jobs and commute in Tolono
- Unemployment rate
- 11.4%State: 5.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 4.4%
- Drive alone
- 91.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 99.3%
Tolono vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tolono | 3,566 | $69,653 | $208,600 | $945 |
| Sadorus | 296 | $78,750 | $132,500 | $925 |
| Savoy | 8,968 | $91,966 | $320,300 | $1,003 |
| Pesotum | 557 | $79,792 | $163,000 | $1,554 |
| Philo | 1,487 | $105,625 | $205,400 | $1,222 |
| Champaign | 89,996 | $56,118 | $210,900 | $1,123 |
| Urbana | 39,341 | $45,346 | $184,900 | $972 |
| Bondville | 404 | $71,250 | $168,200 | $1,292 |
| Villa Grove | 2,349 | $70,647 | $125,700 | $878 |
More for people moving to Tolono
Tolono ZIP code ›Weather and climate ›Living in Tolono: FAQ
What is the median household income in Tolono, IL?
The median household income in Tolono is $69,653, 16% 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 Tolono?
The median home value in Tolono is $208,600, compared with $263,300 in Illinois.
How much is rent in Tolono?
The median gross rent in Tolono is $945 per month, about 32.8% of household income.
Is Tolono, IL a good place to live?
Pluses: home values 21% lower than the state median; an average commute of 18 minutes; a poverty rate of 4.6%. Minuses: median household income 16% lower than the Illinois median; unemployment of 11.4%.
What is the median age in Tolono?
The median age in Tolono is 34.5 years (Illinois: 39).
How long is the commute in Tolono?
The average commute to work in Tolono is 18 minutes; 4.4% of workers work from home.
What is the unemployment rate in Tolono?
The unemployment rate in Tolono is 11.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tolono?
25.7% of adults in Tolono 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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