Alma, IL
Population 300 · Illinois
About Alma, IL
Alma is a small community in Illinois with a population of 300 residents. The median household income is $50,500 per year, which is near the national average. The median age in Alma is 41.6 years.
Housing in Alma has a median home value of $43,300 and median monthly rent of $483. Of the 182 total housing units, the majority are owner-occupied, with 104 owner-occupied and 38 renter-occupied units.
The unemployment rate in Alma is 4.7% and the poverty rate is 15.4%. 8.0% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
How Alma Ranks in Illinois
Cost of Living in Alma, IL
Compared to national averages, Alma has a median household income of $50,500 (33% below the national median of $75,149). Home values average $43,300, which is 82% below the national median. Monthly rent at $483 is 58% below the US average of $1,163. Within Illinois, Alma's income is 33% below the state average of $75,072, and home values are 74% below the state median of $165,779.
Why Live in Alma, IL?
Alma offers affordable housing with a median home value of $43,300, below the US average of $244,900, and rent that’s lower than the national average at $483/month, and short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($50,500) that falls below the national average. However, Alma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alma has a population of 300 with a median age of 41.6 years. Compare Alma with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Alma
What is the population of Alma, IL?
The population of Alma, IL is 300 according to the latest Census data.
What is the median household income in Alma?
The median household income in Alma, IL is $50,500 per year.
What is the median home value in Alma?
The median home value in Alma, IL is $43,300.
What is the average rent in Alma?
The median monthly rent in Alma, IL is $483.
What is the unemployment rate in Alma?
The unemployment rate in Alma, IL is 4.7%.