Living in Urbana, Illinois
Cost of living, income, home prices, rent and demographics of Urbana · Census data 2020–2024
Urbana has 39,341 residents with a median age of 26.1. The median household income is $45,346 (46% lower than the Illinois median), the median home value is $184,900, the median rent is $972/month.
Urbana at a glance
- Population
- 39,341
- Median age
- 26.1State: 39
- Median household income
- $45,346State: $83,390
- Median home value
- $184,900State: $263,300
- Median rent
- $972/moState: $1,274
- Homeowners
- 37.3%
- Bachelor's degree or higher
- 56.7%
- Average commute
- 14 min
Is Urbana a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 14 minutes; unemployment of 4.7%.
Cons: Median household income 46% lower than the Illinois median; a poverty rate of 28%.
The weather is best in May–June and August–September.
Cost of living in Urbana
Housing is the biggest part of the cost of living. In Urbana the median home value is $184,900, 44% lower than the U.S. median. Renters pay a median of $972 per month, which is 38.4% of household income. Homeowners with a mortgage pay $1,591 a month in housing costs.
Urbana median household income
The median household income in Urbana is $45,346 and the income per person is $32,592. 28% of residents live below the poverty line (Illinois: 11.8%).
Housing in Urbana: homes for sale and rent
- Housing units
- 19,228
- Owner-occupied
- 37.3%
- Renter-occupied
- 62.7%
- Vacant
- 12.3%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 1.98
Urbana demographics
- Population
- 39,341
- Median age
- 26.1
- Under 18
- 13.2%
- 65 and older
- 11.5%
- Households
- 16,856
- Foreign-born
- 21.2%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Urbana ›
Education in Urbana
56.7% of adults 25 and older in Urbana have a bachelor's degree or higher (Illinois: 37.8%), and 36.4% have a graduate or professional degree.
Jobs and commute in Urbana
- Unemployment rate
- 4.7%State: 5.8%
- Average commute
- 14 minState: 28 min
- Work from home
- 18.6%
- Drive alone
- 48.4%
- Public transit
- 7%
- Walk to work
- 13.9%
- Homes with broadband
- 87.8%
Urbana vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Urbana | 39,341 | $45,346 | $184,900 | $972 |
| Champaign | 89,996 | $56,118 | $210,900 | $1,123 |
| Savoy | 8,968 | $91,966 | $320,300 | $1,003 |
| Philo | 1,487 | $105,625 | $205,400 | $1,222 |
| St. Joseph | 3,778 | $120,789 | $270,900 | $968 |
| Sidney | 936 | $88,618 | $197,600 | $1,094 |
| Tolono | 3,566 | $69,653 | $208,600 | $945 |
| Bondville | 404 | $71,250 | $168,200 | $1,292 |
| Thomasboro | 918 | $64,038 | $111,800 | $808 |
More for people moving to Urbana
Urbana ZIP code ›Weather and climate ›Living in Urbana: FAQ
What is the median household income in Urbana, IL?
The median household income in Urbana is $45,346, 46% 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 Urbana?
The median home value in Urbana is $184,900, compared with $263,300 in Illinois.
How much is rent in Urbana?
The median gross rent in Urbana is $972 per month, about 38.4% of household income.
Is Urbana, IL a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 14 minutes; unemployment of 4.7%. Minuses: median household income 46% lower than the Illinois median; a poverty rate of 28%.
What is the median age in Urbana?
The median age in Urbana is 26.1 years (Illinois: 39).
How long is the commute in Urbana?
The average commute to work in Urbana is 14 minutes; 18.6% of workers work from home.
What is the unemployment rate in Urbana?
The unemployment rate in Urbana is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Urbana?
56.7% of adults in Urbana 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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