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Owaneco, 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
613
Population
$65,313
Median Income
$101,700
Home Value
33.5
Median Age

Demographics

Owaneco has a population of 613 with a median age of 33.5. Here is the racial and ethnic breakdown of the population:

White
99.7%
Demographic Value
Total Population613
Median Age33.5
White99.7%
Owaneco, Illinois — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%613PopulationWhiteWhite100.0%

Income & Economy

The median household income in Owaneco is $65,313, which is 19.0% below the national median of $80,610. The per capita income is $23,030. The poverty rate is 17.5%.

$65,313
Median Household Income
$23,030
Per Capita Income
17.5%
Poverty Rate

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Education

In Owaneco, 88.5% of residents age 25+ have a high school diploma or higher, and 7.7% hold a bachelor's degree or higher (2.5% with a graduate or professional degree).

HS Diploma+
88.5%
Bachelor's+
7.7%
Graduate+
2.5%
Education Level % of Adults (25+)
High School Diploma or Higher88.5%
Bachelor's Degree or Higher7.7%
Graduate or Professional Degree2.5%

Housing

The median home value in Owaneco is $101,700, below the national median of $303,400. The median monthly rent is $815. The homeownership rate is 90.0%.

$101,700
Median Home Value
$815/mo
Median Rent
90.0%
Homeownership Rate
Housing Metric Value
Median Home Value$101,700
Median Monthly Rent$815
Homeownership Rate90.0%
Vacancy Rate5.6%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Owaneco, Illinois?
The population of Owaneco, Illinois is 613 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Owaneco, Illinois?
The median household income in Owaneco, Illinois is $65,313. This is 19.0% below the national median of $80,610.
What is the median home value in Owaneco, Illinois?
The median home value in Owaneco, Illinois is $101,700. The median monthly rent is $815.
What percentage of people in Owaneco have a college degree?
In Owaneco, Illinois, 7.7% of adults age 25 and older hold a bachelor's degree or higher, and 88.5% have a high school diploma or higher.
Is Owaneco, Illinois an affordable place to live?
The home price-to-income ratio in Owaneco, Illinois is 1.6x (median home value $101,700 vs. median income $65,313), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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