Living in Versailles, Illinois

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

Versailles has 441 residents with a median age of 31.5. The median household income is $48,750 (42% lower than the Illinois median), the median home value is $91,100, the median rent is $844/month.

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

Versailles at a glance

Population
441
Median age
31.5State: 39
Median household income
$48,750State: $83,390
Median home value
$91,100State: $263,300
Median rent
$844/moState: $1,274
Homeowners
80.1%
Bachelor's degree or higher
6.1%
Average commute
24 min

Is Versailles a good place to live?

Pros: Home values 65% lower than the state median; an average commute of 24 minutes; unemployment of 2.4%.

Cons: Median household income 42% lower than the Illinois median; a poverty rate of 16.1%.

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

Cost of living in Versailles

Housing is the biggest part of the cost of living. In Versailles the median home value is $91,100, 73% lower than the U.S. median. Renters pay a median of $844 per month, which is 20.8% of household income. Homeowners with a mortgage pay $1,260 a month in housing costs.

Median home value

Versailles$91,100
Illinois$263,300
United States$332,700

Median monthly rent

Versailles$844
Illinois$1,274
United States$1,413

Versailles median household income

The median household income in Versailles is $48,750 and the income per person is $26,160. 16.1% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Versailles$48,750
Illinois$83,390
United States$80,734

Housing in Versailles: homes for sale and rent

Housing units
181
Owner-occupied
80.1%
Renter-occupied
19.9%
Vacant
8.3%Includes seasonal homes
Median year built
1938
Average household size
2.66

Versailles demographics

Population
441
Median age
31.5
Under 18
37.6%
65 and older
20.2%
Households
166
Foreign-born
1.1%
Veterans
10.5%Adults 18+

Race and ethnicity

White90.7%
Hispanic or Latino9.3%
Black0%
Asian0%

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

Education in Versailles

6.1% of adults 25 and older in Versailles have a bachelor's degree or higher (Illinois: 37.8%), and 2% have a graduate or professional degree.

Bachelor's degree or higher

Versailles6.1%
Illinois37.8%
United States35.7%

Jobs and commute in Versailles

Unemployment rate
2.4%State: 5.8%
Average commute
24 minState: 28 min
Work from home
6.3%
Drive alone
81.1%
Public transit
0.6%
Walk to work
0%
Homes with broadband
86.7%

Versailles vs nearby towns

TownPopulationMedian incomeHome valueRent
Versailles441$48,750$91,100$844
Meredosia871$54,485$65,300$704
Perry206$44,792$86,900$396
Mount Sterling1,980$59,087$131,200$604
Naples108$170,350$63,400—
Bluffs531$69,250$73,600$700
Griggsville1,310$36,667$86,200$541
Mound Station150$76,375$120,500—
Exeter106$61,250$95,000$750

More for people moving to Versailles

Versailles ZIP code ›Weather and climate ›

Living in Versailles: FAQ

What is the median household income in Versailles, IL?

The median household income in Versailles is $48,750, 42% 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 Versailles?

The median home value in Versailles is $91,100, compared with $263,300 in Illinois.

How much is rent in Versailles?

The median gross rent in Versailles is $844 per month, about 20.8% of household income.

Is Versailles, IL a good place to live?

Pluses: home values 65% lower than the state median; an average commute of 24 minutes; unemployment of 2.4%. Minuses: median household income 42% lower than the Illinois median; a poverty rate of 16.1%.

What is the median age in Versailles?

The median age in Versailles is 31.5 years (Illinois: 39).

How long is the commute in Versailles?

The average commute to work in Versailles is 24 minutes; 6.3% of workers work from home.

What is the unemployment rate in Versailles?

The unemployment rate in Versailles is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Versailles?

6.1% of adults in Versailles 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: