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Mahomet, 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
10,049
Population
$118,586
Median Income
$299,100
Home Value
37.7
Median Age

Demographics

Mahomet has a population of 10,049 with a median age of 37.7. Here is the racial and ethnic breakdown of the population:

White
82.7%
Hispanic
7.5%
Asian
5.8%
Other
3.7%
Demographic Value
Total Population10,049
Median Age37.7
White82.7%
Black or African American0.3%
Asian5.8%
Hispanic or Latino7.5%
Other / Two or More Races3.7%
Mahomet, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 82.7%Hispanic/Latino: 7.5%Asian: 5.8%Other: 3.7%Other: 0.3%10,049PopulationWhiteWhite82.7%Hispanic/LatinoHispanic/Latino7.5%AsianAsian5.8%OtherOther3.7%OtherOther0.3%

Income & Economy

The median household income in Mahomet is $118,586, which is 47.1% above the national median of $80,610. The per capita income is $53,341. The poverty rate is 3.8%.

$118,586
Median Household Income
$53,341
Per Capita Income
3.8%
Poverty Rate

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Education

In Mahomet, 96.0% of residents age 25+ have a high school diploma or higher, and 54.2% hold a bachelor's degree or higher (26.2% with a graduate or professional degree).

HS Diploma+
96.0%
Bachelor's+
54.2%
Graduate+
26.2%
Education Level % of Adults (25+)
High School Diploma or Higher96.0%
Bachelor's Degree or Higher54.2%
Graduate or Professional Degree26.2%

Housing

The median home value in Mahomet is $299,100, below the national median of $303,400. The median monthly rent is $1,396. The homeownership rate is 79.5%.

$299,100
Median Home Value
$1,396/mo
Median Rent
79.5%
Homeownership Rate
Housing Metric Value
Median Home Value$299,100
Median Monthly Rent$1,396
Homeownership Rate79.5%
Vacancy Rate8.1%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Mahomet, Illinois?
The population of Mahomet, Illinois is 10,049 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Mahomet, Illinois?
The median household income in Mahomet, Illinois is $118,586. This is 47.1% above the national median of $80,610.
What is the median home value in Mahomet, Illinois?
The median home value in Mahomet, Illinois is $299,100. The median monthly rent is $1,396.
What percentage of people in Mahomet have a college degree?
In Mahomet, Illinois, 54.2% of adults age 25 and older hold a bachelor's degree or higher, and 96.0% have a high school diploma or higher.
Is Mahomet, Illinois an affordable place to live?
The home price-to-income ratio in Mahomet, Illinois is 2.5x (median home value $299,100 vs. median income $118,586), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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