Living in Yale, Illinois
Cost of living, income, home prices, rent and demographics of Yale · Census data 2020–2024
Yale has 66 residents with a median age of 55.3. The median household income is $37,917 (55% lower than the Illinois median), the median home value is $67,900.
Yale is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Yale at a glance
- Population
- 66
- Median age
- 55.3State: 39
- Median household income
- $37,917State: $83,390
- Median home value
- $67,900State: $263,300
- Homeowners
- 100%
- Bachelor's degree or higher
- 0%
- Average commute
- 17 min
Is Yale a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 55% lower than the Illinois median; a poverty rate of 54.5%.
The weather is best in May and August to October.
Cost of living in Yale
Housing is the biggest part of the cost of living. In Yale the median home value is $67,900, 80% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $850 a month in housing costs.
Yale median household income
The median household income in Yale is $37,917 and the income per person is $28,479. 54.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Yale: homes for sale and rent
- Housing units
- 33
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 18.2%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.44
Yale demographics
- Population
- 66
- Median age
- 55.3
- Under 18
- 27.3%
- 65 and older
- 25.8%
- Households
- 27
- Foreign-born
- 0%
- Veterans
- 22.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Yale ›
Education in Yale
0% of adults 25 and older in Yale have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Yale
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 17 minState: 28 min
- Work from home
- 0%
- Drive alone
- 62.5%
- Public transit
- 0%
- Walk to work
- 12.5%
- Homes with broadband
- 100%
Yale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Yale | 66 | $37,917 | $67,900 | — |
| Willow Hill | 304 | $36,591 | $50,000 | $625 |
| Oblong | 1,634 | $57,917 | $83,100 | $542 |
| Greenup | 1,823 | $51,417 | $91,900 | $732 |
| Newton | 2,932 | $61,761 | $95,400 | $794 |
| Casey | 2,239 | $48,074 | $91,800 | $713 |
| Ste. Marie | 281 | $86,250 | $102,400 | $283 |
| Jewett | 251 | $52,708 | $57,200 | — |
| Toledo | 1,197 | $56,354 | $86,100 | $909 |
More for people moving to Yale
Yale ZIP code ›Weather and climate ›Living in Yale: FAQ
What is the median household income in Yale, IL?
The median household income in Yale is $37,917, 55% 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 Yale?
The median home value in Yale is $67,900, compared with $263,300 in Illinois.
Is Yale, IL a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 17 minutes. Minuses: median household income 55% lower than the Illinois median; a poverty rate of 54.5%.
What is the median age in Yale?
The median age in Yale is 55.3 years (Illinois: 39).
How long is the commute in Yale?
The average commute to work in Yale is 17 minutes; 0% of workers work from home.
What is the unemployment rate in Yale?
The unemployment rate in Yale is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Yale?
0% of adults in Yale 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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