Living in Washburn, Illinois
Cost of living, income, home prices, rent and demographics of Washburn · Census data 2020–2024
Washburn has 945 residents with a median age of 43.4. The median household income is $76,667 (8% lower than the Illinois median), the median home value is $89,100, the median rent is $856/month.
Washburn is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Washburn at a glance
- Population
- 945
- Median age
- 43.4State: 39
- Median household income
- $76,667State: $83,390
- Median home value
- $89,100State: $263,300
- Median rent
- $856/moState: $1,274
- Homeowners
- 83.7%
- Bachelor's degree or higher
- 22.1%
- Average commute
- 37 min
Is Washburn a good place to live?
Pros: Home values 66% lower than the state median; unemployment of 5.8%; a poverty rate of 7.5%.
Cons: Median household income 8% lower than the Illinois median; an average commute of 37 minutes.
The weather is best in May–June and August–September.
Cost of living in Washburn
Housing is the biggest part of the cost of living. In Washburn the median home value is $89,100, 73% lower than the U.S. median. Renters pay a median of $856 per month, which is 20% of household income. Homeowners with a mortgage pay $1,109 a month in housing costs.
Washburn median household income
The median household income in Washburn is $76,667 and the income per person is $37,650. 7.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Washburn: homes for sale and rent
- Housing units
- 436
- Owner-occupied
- 83.7%
- Renter-occupied
- 16.3%
- Vacant
- 7.3%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.34
Washburn demographics
- Population
- 945
- Median age
- 43.4
- Under 18
- 21.5%
- 65 and older
- 19.4%
- Households
- 404
- Foreign-born
- 0%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Washburn ›
Education in Washburn
22.1% of adults 25 and older in Washburn have a bachelor's degree or higher (Illinois: 37.8%), and 5.2% have a graduate or professional degree.
Jobs and commute in Washburn
- Unemployment rate
- 5.8%State: 5.8%
- Average commute
- 37 minState: 28 min
- Work from home
- 5.5%
- Drive alone
- 87.4%
- Public transit
- 0.7%
- Walk to work
- 0%
- Homes with broadband
- 83.4%
Washburn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Washburn | 945 | $76,667 | $89,100 | $856 |
| Varna | 387 | $62,639 | $89,300 | $833 |
| Lacon | 1,916 | $63,162 | $121,900 | $817 |
| Metamora | 4,159 | $129,479 | $201,800 | $1,008 |
| Roanoke | 1,967 | $82,063 | $139,900 | $1,101 |
| Hopewell | 604 | $120,592 | $182,700 | — |
| Toluca | 1,477 | $69,545 | $113,500 | $860 |
| Benson | 428 | $76,333 | $114,900 | $950 |
| Sparland | 295 | $43,125 | $83,600 | $1,063 |
More for people moving to Washburn
Washburn ZIP code ›Weather and climate ›Living in Washburn: FAQ
What is the median household income in Washburn, IL?
The median household income in Washburn is $76,667, 8% 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 Washburn?
The median home value in Washburn is $89,100, compared with $263,300 in Illinois.
How much is rent in Washburn?
The median gross rent in Washburn is $856 per month, about 20% of household income.
Is Washburn, IL a good place to live?
Pluses: home values 66% lower than the state median; unemployment of 5.8%; a poverty rate of 7.5%. Minuses: median household income 8% lower than the Illinois median; an average commute of 37 minutes.
What is the median age in Washburn?
The median age in Washburn is 43.4 years (Illinois: 39).
How long is the commute in Washburn?
The average commute to work in Washburn is 37 minutes; 5.5% of workers work from home.
What is the unemployment rate in Washburn?
The unemployment rate in Washburn is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Washburn?
22.1% of adults in Washburn 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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