Allerton, IL
Population 217 · Illinois
About Allerton, IL
Allerton is a small community located in Illinois with a population of 217 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,667 per year, which is 31% below the national median of $75,149. The median age of 45.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Allerton features a median home value of $106,700, which is 56% below the national median of $244,900. This makes Allerton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 117 total housing units, 78% are owner-occupied (76 units) and 22% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allerton shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.6%, above the national average of 12.4%. Workers in Allerton have an average one-way commute time of 28.4 minutes.
Education & Demographics
11.9% of Allerton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.5% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Allerton, IL
Compared to national averages, Allerton has a median household income of $51,667 (31% below the national median of $75,149). Home values average $106,700, which is 56% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Illinois, Allerton's income is 31% below the state average of $75,072, and home values are 36% below the state median of $165,779.
Why Live in Allerton, IL?
Allerton offers affordable housing with a median home value of $106,700, below the US average of $244,900, and rent that’s lower than the national average at $775/month.
Potential considerations include median household income ($51,667) that falls below the national average. However, Allerton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allerton has a population of 217 with a median age of 45.6 years. Compare Allerton with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Allerton
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shumway | 217 | $76,250 | $103,400 | Compare |
| Cedar Point | 218 | $59,028 | $87,300 | Compare |
| Ridgefield | 218 | $133,454 | $265,400 | Compare |
| Sibley | 218 | $54,583 | $85,000 | Compare |
| Cabery | 219 | $54,375 | $96,700 | Compare |
| Caledonia | 219 | $86,513 | $161,800 | Compare |
| Calhoun | 219 | $84,063 | $51,200 | Compare |
| East Carondelet | 219 | $65,417 | $76,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Allerton With Other Cities
Frequently Asked Questions about Allerton
What is the population of Allerton, IL?
The population of Allerton, IL is 217 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Allerton?
The median household income in Allerton, IL is $51,667 per year, which is 31% below the national median of $75,149.
What is the median home value in Allerton?
The median home value in Allerton, IL is $106,700, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allerton?
The median monthly rent in Allerton, IL is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Allerton?
The unemployment rate in Allerton, IL is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Allerton, IL a good place to live?
Allerton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 217 and a median age of 45.6, the city appeals to established professionals and retirees.
How educated is Allerton, IL?
11.9% of residents in Allerton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Allerton?
Key cost-of-living indicators for Allerton, IL: median home value is $106,700 (56% below national), median rent is $775/month, and median household income is $51,667. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Allerton?
The poverty rate in Allerton, IL is 16.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Allerton, IL?
Allerton's population is 0.5% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 11.1% two or more races. 0.5% of residents are foreign-born.