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Cornell, 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
389
Population
$68,750
Median Income
$92,200
Home Value
38.1
Median Age

Demographics

Cornell has a population of 389 with a median age of 38.1. Here is the racial and ethnic breakdown of the population:

White
95.1%
Black
2.8%
Hispanic
2.3%
Demographic Value
Total Population389
Median Age38.1
White95.1%
Black or African American2.8%
Hispanic or Latino2.3%
Cornell, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.9%Black: 2.8%Hispanic/Latino: 2.3%389PopulationWhiteWhite94.9%BlackBlack2.8%Hispanic/LatinoHispanic/Latino2.3%

Income & Economy

The median household income in Cornell is $68,750, which is 14.7% below the national median of $80,610. The per capita income is $29,402. The poverty rate is 22.5%.

$68,750
Median Household Income
$29,402
Per Capita Income
22.5%
Poverty Rate

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Education

In Cornell, 97.0% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (1.1% with a graduate or professional degree).

HS Diploma+
97.0%
Bachelor's+
13.2%
Graduate+
1.1%
Education Level % of Adults (25+)
High School Diploma or Higher97.0%
Bachelor's Degree or Higher13.2%
Graduate or Professional Degree1.1%

Housing

The median home value in Cornell is $92,200, below the national median of $303,400. The median monthly rent is $883. The homeownership rate is 69.6%.

$92,200
Median Home Value
$883/mo
Median Rent
69.6%
Homeownership Rate
Housing Metric Value
Median Home Value$92,200
Median Monthly Rent$883
Homeownership Rate69.6%
Vacancy Rate11.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Cornell, Illinois?
The population of Cornell, Illinois is 389 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cornell, Illinois?
The median household income in Cornell, Illinois is $68,750. This is 14.7% below the national median of $80,610.
What is the median home value in Cornell, Illinois?
The median home value in Cornell, Illinois is $92,200. The median monthly rent is $883.
What percentage of people in Cornell have a college degree?
In Cornell, Illinois, 13.2% of adults age 25 and older hold a bachelor's degree or higher, and 97.0% have a high school diploma or higher.
Is Cornell, Illinois an affordable place to live?
The home price-to-income ratio in Cornell, Illinois is 1.3x (median home value $92,200 vs. median income $68,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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