Annawan, IL
Population 955 · Illinois
About Annawan, IL
Annawan is a small community in Illinois with a population of 955 residents. The median household income is $71,250 per year, which is above the national average. The median age in Annawan is 39.9 years.
Housing in Annawan has a median home value of $138,200 and median monthly rent of $550. Of the 426 total housing units, the majority are owner-occupied, with 318 owner-occupied and 85 renter-occupied units.
The unemployment rate in Annawan is 5.7% and the poverty rate is 6.2%. 29.9% of residents hold a bachelor's degree or higher. The average commute time is 23.4 minutes.
Cost of Living in Annawan, IL
Compared to national averages, Annawan has a median household income of $71,250 (5% below the national median of $75,149). Home values average $138,200, which is 44% below the national median. Monthly rent at $550 is 53% below the US average of $1,163. Within Illinois, Annawan's income is 5% below the state average of $75,072, and home values are 17% below the state median of $165,779.
Why Live in Annawan, IL?
Annawan offers affordable housing with a median home value of $138,200, below the US average of $244,900, and rent that’s lower than the national average at $550/month, and a low poverty rate of 6.2%, better than the national average. Additionally, the city features short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($71,250) that falls below the national average. However, Annawan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Annawan has a population of 955 with a median age of 39.9 years. Compare Annawan with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Annawan
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Colfax | 955 | $71,528 | $123,000 | Compare |
| Essex | 956 | $101,094 | $219,000 | Compare |
| Orangeville | 957 | $70,833 | $135,600 | Compare |
| Danvers | 951 | $66,964 | $156,500 | Compare |
| Cissna Park | 960 | $50,625 | $117,900 | Compare |
| South Pekin | 949 | $64,750 | $106,000 | Compare |
| Harrison | 948 | $75,417 | $128,600 | Compare |
| Oakland | 948 | $49,571 | $97,200 | Compare |
Demographics
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Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Annawan
What is the population of Annawan, IL?
The population of Annawan, IL is 955 according to the latest Census data.
What is the median household income in Annawan?
The median household income in Annawan, IL is $71,250 per year.
What is the median home value in Annawan?
The median home value in Annawan, IL is $138,200.
What is the average rent in Annawan?
The median monthly rent in Annawan, IL is $550.
What is the unemployment rate in Annawan?
The unemployment rate in Annawan, IL is 5.7%.