Living in Tovey, Illinois

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

Tovey has 629 residents with a median age of 28.2. The median household income is $89,000 (7% higher than the Illinois median), the median home value is $79,100, the median rent is $808/month.

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

Tovey at a glance

Population
629
Median age
28.2State: 39
Median household income
$89,000State: $83,390
Median home value
$79,100State: $263,300
Median rent
$808/moState: $1,274
Homeowners
90%
Bachelor's degree or higher
12.5%
Average commute
21 min

Is Tovey a good place to live?

Pros: Median household income 7% higher than the Illinois median; home values 70% lower than the state median; an average commute of 21 minutes; unemployment of 2.3%; a poverty rate of 5.2%.

The weather is best in May–June and August–September.

Cost of living in Tovey

Housing is the biggest part of the cost of living. In Tovey the median home value is $79,100, 76% lower than the U.S. median. Renters pay a median of $808 per month, which is 26.3% of household income. Homeowners with a mortgage pay $892 a month in housing costs.

Median home value

Tovey$79,100
Illinois$263,300
United States$332,700

Median monthly rent

Tovey$808
Illinois$1,274
United States$1,413

Tovey median household income

The median household income in Tovey is $89,000 and the income per person is $34,205. 5.2% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Tovey$89,000
Illinois$83,390
United States$80,734

Housing in Tovey: homes for sale and rent

Housing units
277
Owner-occupied
90%
Renter-occupied
10%
Vacant
13.4%Includes seasonal homes
Median year built
1948
Average household size
2.62

Tovey demographics

Population
629
Median age
28.2
Under 18
28.1%
65 and older
7.2%
Households
240
Foreign-born
1.7%
Veterans
5.5%Adults 18+

Race and ethnicity

White99.7%
Hispanic or Latino13.7%
Black0%
Asian0%

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

Education in Tovey

12.5% of adults 25 and older in Tovey have a bachelor's degree or higher (Illinois: 37.8%), and 5.5% have a graduate or professional degree.

Bachelor's degree or higher

Tovey12.5%
Illinois37.8%
United States35.7%

Jobs and commute in Tovey

Unemployment rate
2.3%State: 5.8%
Average commute
21 minState: 28 min
Work from home
7%
Drive alone
91.4%
Public transit
0%
Walk to work
0%
Homes with broadband
92.1%

Tovey vs nearby towns

TownPopulationMedian incomeHome valueRent
Tovey629$89,000$79,100$808
Bulpitt185$75,000$78,300$825
Kincaid1,278$64,821$88,100$725
Langleyville282$47,969$106,500—
Edinburg1,195$89,886$117,100$829
Taylorville10,646$57,552$104,100$828
Pawnee2,738$81,103$149,500$838
Palmer241$49,500$82,900$740
Divernon1,164$71,750$133,700$1,034

More for people moving to Tovey

Tovey ZIP code ›Weather and climate ›

Living in Tovey: FAQ

What is the median household income in Tovey, IL?

The median household income in Tovey is $89,000, 7% higher 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 Tovey?

The median home value in Tovey is $79,100, compared with $263,300 in Illinois.

How much is rent in Tovey?

The median gross rent in Tovey is $808 per month, about 26.3% of household income.

Is Tovey, IL a good place to live?

Pluses: median household income 7% higher than the Illinois median; home values 70% lower than the state median; an average commute of 21 minutes; unemployment of 2.3%; a poverty rate of 5.2%.

What is the median age in Tovey?

The median age in Tovey is 28.2 years (Illinois: 39).

How long is the commute in Tovey?

The average commute to work in Tovey is 21 minutes; 7% of workers work from home.

What is the unemployment rate in Tovey?

The unemployment rate in Tovey is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Tovey?

12.5% of adults in Tovey 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: