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Buncombe, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
329
Population
$62,500
Median Income
$50,000
Home Value
25.5
Median Age

Demographics

Buncombe has a population of 329 with a median age of 25.5. Here is the racial and ethnic breakdown of the population:

White
76.6%
Other
22.2%
Hispanic
1.2%
Demographic Value
Total Population329
Median Age25.5
White76.6%
Hispanic or Latino1.2%
Other / Two or More Races22.2%
Buncombe, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 76.6%Other: 22.2%Other: 1.2%329PopulationWhiteWhite76.6%OtherOther22.2%OtherOther1.2%

Income & Economy

The median household income in Buncombe is $62,500, which is 22.5% below the national median of $80,610. The per capita income is $23,327. The poverty rate is 10.3%.

$62,500
Median Household Income
$23,327
Per Capita Income
10.3%
Poverty Rate

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Education

In Buncombe, 93.5% of residents age 25+ have a high school diploma or higher, and 13.0% hold a bachelor's degree or higher (1.2% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
13.0%
Graduate+
1.2%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher13.0%
Graduate or Professional Degree1.2%

Housing

The median home value in Buncombe is $50,000, below the national median of $303,400. The homeownership rate is 68.1%.

$50,000
Median Home Value
68.1%
Homeownership Rate
Housing Metric Value
Median Home Value$50,000
Homeownership Rate68.1%
Vacancy Rate20.3%

Salaries in Illinois

Explore salary data for popular occupations in Illinois:

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Frequently Asked Questions

What is the population of Buncombe, Illinois?
The population of Buncombe, Illinois is 329 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Buncombe, Illinois?
The median household income in Buncombe, Illinois is $62,500. This is 22.5% below the national median of $80,610.
What is the median home value in Buncombe, Illinois?
The median home value in Buncombe, Illinois is $50,000.
What percentage of people in Buncombe have a college degree?
In Buncombe, Illinois, 13.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Buncombe, Illinois an affordable place to live?
The home price-to-income ratio in Buncombe, Illinois is 0.8x (median home value $50,000 vs. median income $62,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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