Living in Weldon, Illinois

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

Weldon has 350 residents with a median age of 44.5. The median household income is $60,625 (27% lower than the Illinois median), the median home value is $100,000, the median rent is $950/month.

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

Weldon at a glance

Population
350
Median age
44.5State: 39
Median household income
$60,625State: $83,390
Median home value
$100,000State: $263,300
Median rent
$950/moState: $1,274
Homeowners
88.2%
Bachelor's degree or higher
6.6%
Average commute
27 min

Is Weldon a good place to live?

Pros: Home values 62% lower than the state median; an average commute of 27 minutes.

Cons: Median household income 27% lower than the Illinois median; a poverty rate of 17.4%.

The weather is best in May and July to September.

Cost of living in Weldon

Housing is the biggest part of the cost of living. In Weldon the median home value is $100,000, 70% lower than the U.S. median. Renters pay a median of $950 per month, which is 42.5% of household income. Homeowners with a mortgage pay $1,136 a month in housing costs.

Median home value

Weldon$100,000
Illinois$263,300
United States$332,700

Median monthly rent

Weldon$950
Illinois$1,274
United States$1,413

Weldon median household income

The median household income in Weldon is $60,625 and the income per person is $27,391. 17.4% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Weldon$60,625
Illinois$83,390
United States$80,734

Housing in Weldon: homes for sale and rent

Housing units
152
Owner-occupied
88.2%
Renter-occupied
11.8%
Vacant
10.5%Includes seasonal homes
Median year built
1957
Average household size
2.57

Weldon demographics

Population
350
Median age
44.5
Under 18
28%
65 and older
20.6%
Households
136
Foreign-born
0.3%
Veterans
8.7%Adults 18+

Race and ethnicity

White97.4%
Hispanic or Latino0.3%
Black0%
Asian0%

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

Education in Weldon

6.6% of adults 25 and older in Weldon have a bachelor's degree or higher (Illinois: 37.8%), and 2.6% have a graduate or professional degree.

Bachelor's degree or higher

Weldon6.6%
Illinois37.8%
United States35.7%

Jobs and commute in Weldon

Unemployment rate
0%State: 5.8%
Average commute
27 minState: 28 min
Work from home
2.7%
Drive alone
91.8%
Public transit
0%
Walk to work
0%
Homes with broadband
80.1%

Weldon vs nearby towns

TownPopulationMedian incomeHome valueRent
Weldon350$60,625$100,000$950
De Witt176$82,188$96,600—
De Land448$50,000$87,000$644
Cisco234$50,625$113,100$1,146
Argenta879$73,482$106,300$1,286
Farmer City1,885$67,067$138,500$468
Monticello6,304$99,449$210,500$1,379
Clinton6,985$62,323$102,800$934
Maroa1,714$72,500$126,800$851

More for people moving to Weldon

Weldon ZIP code ›Weather and climate ›

Living in Weldon: FAQ

What is the median household income in Weldon, IL?

The median household income in Weldon is $60,625, 27% 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 Weldon?

The median home value in Weldon is $100,000, compared with $263,300 in Illinois.

How much is rent in Weldon?

The median gross rent in Weldon is $950 per month, about 42.5% of household income.

Is Weldon, IL a good place to live?

Pluses: home values 62% lower than the state median; an average commute of 27 minutes. Minuses: median household income 27% lower than the Illinois median; a poverty rate of 17.4%.

What is the median age in Weldon?

The median age in Weldon is 44.5 years (Illinois: 39).

How long is the commute in Weldon?

The average commute to work in Weldon is 27 minutes; 2.7% of workers work from home.

What is the unemployment rate in Weldon?

The unemployment rate in Weldon is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Weldon?

6.6% of adults in Weldon 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: