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Freeport, 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
23,505
Population
$51,723
Median Income
$92,100
Home Value
42.8
Median Age

Demographics

Freeport has a population of 23,505 with a median age of 42.8. Here is the racial and ethnic breakdown of the population:

White
68.3%
Black
14.9%
Other
8.0%
Hispanic
7.6%
Asian
1.2%
Demographic Value
Total Population23,505
Median Age42.8
White68.3%
Black or African American14.9%
Asian1.2%
Hispanic or Latino7.6%
Other / Two or More Races8.0%
Freeport, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 68.3%Black: 14.9%Other: 8.0%Hispanic/Latino: 7.6%Other: 1.2%23,505PopulationWhiteWhite68.3%BlackBlack14.9%OtherOther8.0%Hispanic/LatinoHispanic/Latino7.6%OtherOther1.2%

Income & Economy

The median household income in Freeport is $51,723, which is 35.8% below the national median of $80,610. The per capita income is $31,004. The poverty rate is 19.6%.

$51,723
Median Household Income
$31,004
Per Capita Income
19.6%
Poverty Rate

Employment

The unemployment rate in Freeport is 5.5%, compared to the national rate of 4.1%.

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Education

In Freeport, 91.7% of residents age 25+ have a high school diploma or higher, and 19.0% hold a bachelor's degree or higher (6.2% with a graduate or professional degree).

HS Diploma+
91.7%
Bachelor's+
19.0%
Graduate+
6.2%
Education Level % of Adults (25+)
High School Diploma or Higher91.7%
Bachelor's Degree or Higher19.0%
Graduate or Professional Degree6.2%

Housing

The median home value in Freeport is $92,100, below the national median of $303,400. The median monthly rent is $793. The homeownership rate is 59.1%.

$92,100
Median Home Value
$793/mo
Median Rent
59.1%
Homeownership Rate
Housing Metric Value
Median Home Value$92,100
Median Monthly Rent$793
Homeownership Rate59.1%
Vacancy Rate10.1%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Freeport, Illinois?
The population of Freeport, Illinois is 23,505 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Freeport, Illinois?
The median household income in Freeport, Illinois is $51,723. This is 35.8% below the national median of $80,610.
What is the median home value in Freeport, Illinois?
The median home value in Freeport, Illinois is $92,100. The median monthly rent is $793.
What percentage of people in Freeport have a college degree?
In Freeport, Illinois, 19.0% of adults age 25 and older hold a bachelor's degree or higher, and 91.7% have a high school diploma or higher.
Is Freeport, Illinois an affordable place to live?
The home price-to-income ratio in Freeport, Illinois is 1.8x (median home value $92,100 vs. median income $51,723), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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