Living in Tremont, Illinois
Cost of living, income, home prices, rent and demographics of Tremont · Census data 2020–2024
Tremont has 2,366 residents with a median age of 36. The median household income is $79,810 (4% lower than the Illinois median), the median home value is $187,400, the median rent is $1,037/month.
Tremont at a glance
- Population
- 2,366
- Median age
- 36State: 39
- Median household income
- $79,810State: $83,390
- Median home value
- $187,400State: $263,300
- Median rent
- $1,037/moState: $1,274
- Homeowners
- 67.9%
- Bachelor's degree or higher
- 32.9%
- Average commute
- 18 min
Is Tremont a good place to live?
Pros: Home values 29% lower than the state median; an average commute of 18 minutes; unemployment of 0.3%; a poverty rate of 5.1%.
Cons: Median household income 4% lower than the Illinois median.
The weather is best in May–June and August–September.
Cost of living in Tremont
Housing is the biggest part of the cost of living. In Tremont the median home value is $187,400, 44% lower than the U.S. median. Renters pay a median of $1,037 per month, which is 24.2% of household income. Homeowners with a mortgage pay $1,455 a month in housing costs.
Tremont median household income
The median household income in Tremont is $79,810 and the income per person is $40,828. 5.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Tremont: homes for sale and rent
- Housing units
- 1,148
- Owner-occupied
- 67.9%
- Renter-occupied
- 32.1%
- Vacant
- 10.7%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.31
Tremont demographics
- Population
- 2,366
- Median age
- 36
- Under 18
- 22.8%
- 65 and older
- 19%
- Households
- 1,025
- Foreign-born
- 1.1%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Tremont ›
Education in Tremont
32.9% of adults 25 and older in Tremont have a bachelor's degree or higher (Illinois: 37.8%), and 7.7% have a graduate or professional degree.
Jobs and commute in Tremont
- Unemployment rate
- 0.3%State: 5.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 15.1%
- Drive alone
- 72.8%
- Public transit
- 0%
- Walk to work
- 2.8%
- Homes with broadband
- 89.1%
Tremont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tremont | 2,366 | $79,810 | $187,400 | $1,037 |
| Morton | 16,595 | $94,402 | $239,400 | $1,074 |
| Mackinaw | 1,979 | $67,292 | $158,300 | $835 |
| Pekin | 31,781 | $60,790 | $120,700 | $819 |
| Hopedale | 753 | $54,375 | $144,700 | $897 |
| Heritage Lake | 1,522 | $133,048 | $207,300 | — |
| Marquette Heights | 2,492 | $75,625 | $123,800 | $1,315 |
| South Pekin | 883 | $67,176 | $106,400 | $800 |
| North Pekin | 1,571 | $80,224 | $125,600 | $1,154 |
More for people moving to Tremont
Tremont ZIP code ›Weather and climate ›Living in Tremont: FAQ
What is the median household income in Tremont, IL?
The median household income in Tremont is $79,810, 4% 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 Tremont?
The median home value in Tremont is $187,400, compared with $263,300 in Illinois.
How much is rent in Tremont?
The median gross rent in Tremont is $1,037 per month, about 24.2% of household income.
Is Tremont, IL a good place to live?
Pluses: home values 29% lower than the state median; an average commute of 18 minutes; unemployment of 0.3%; a poverty rate of 5.1%. Minuses: median household income 4% lower than the Illinois median.
What is the median age in Tremont?
The median age in Tremont is 36 years (Illinois: 39).
How long is the commute in Tremont?
The average commute to work in Tremont is 18 minutes; 15.1% of workers work from home.
What is the unemployment rate in Tremont?
The unemployment rate in Tremont is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tremont?
32.9% of adults in Tremont 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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