Amboy, IL
Population 2,396 · Illinois
About Amboy, IL
Amboy is a small town located in Illinois with a population of 2,396 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,667 per year, which is 2% above the national median of $75,149. The median age of 48.2 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 Amboy features a median home value of $132,600, which is 46% below the national median of $244,900. This makes Amboy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $880, 24% below the national average of $1,163/month. Of the 1,120 total housing units, 74% are owner-occupied (720 units) and 26% are renter-occupied (254 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Amboy shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Amboy have an average one-way commute time of 27.5 minutes.
Education & Demographics
10.4% of Amboy 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 1.6% White, 0.3% Hispanic or Latino, 0.4% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Amboy, IL
Compared to national averages, Amboy has a median household income of $76,667 (2% above the national median of $75,149). Home values average $132,600, which is 46% below the national median. Monthly rent at $880 is 24% below the US average of $1,163. Within Illinois, Amboy's income is 2% above the state average of $75,072, and home values are 20% below the state median of $165,779.
Why Live in Amboy, IL?
Amboy offers a strong local economy with a median household income of $76,667, well above the national average, and affordable housing with a median home value of $132,600, below the US average of $244,900, and rent that’s lower than the national average at $880/month. Additionally, the city features a low poverty rate of 8.5%, better than the national average.
Amboy has a population of 2,396 with a median age of 48.2 years. Compare Amboy with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Amboy
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairmont | 2,409 | $59,244 | $147,400 | Compare |
| Christopher | 2,413 | $42,244 | $68,800 | Compare |
| Villa Grove | 2,375 | $69,900 | $99,600 | Compare |
| Willowbrook | 2,432 | $87,188 | $275,700 | Compare |
| Fairmont City | 2,354 | $43,333 | $65,500 | Compare |
| White Hall | 2,354 | $52,685 | $72,500 | Compare |
| Aviston | 2,451 | $111,354 | $217,000 | Compare |
| Oakwood Hills | 2,454 | $113,125 | $273,200 | 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 Amboy With Other Cities
Frequently Asked Questions about Amboy
What is the population of Amboy, IL?
The population of Amboy, IL is 2,396 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Amboy?
The median household income in Amboy, IL is $76,667 per year, which is 2% above the national median of $75,149.
What is the median home value in Amboy?
The median home value in Amboy, IL is $132,600, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Amboy?
The median monthly rent in Amboy, IL is $880, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Amboy?
The unemployment rate in Amboy, IL is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Amboy, IL a good place to live?
Amboy offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,396 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is Amboy, IL?
10.4% of residents in Amboy 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 Amboy?
Key cost-of-living indicators for Amboy, IL: median home value is $132,600 (46% below national), median rent is $880/month, and median household income is $76,667. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Amboy?
The poverty rate in Amboy, IL is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Amboy, IL?
Amboy's population is 1.6% White, 0.3% Hispanic or Latino, 0.4% Black or African American, 0.0% Asian, and 0.3% two or more races. 0.9% of residents are foreign-born.