Argyle, IL
Population 561 · Illinois
About Argyle, IL
Argyle is a small community located in Illinois with a population of 561 residents according to the latest US Census Bureau American Community Survey data. The median household income is $160,893 per year, which is 114% above the national median of $75,149. The median age of 56.3 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 Argyle features a median home value of $281,000, which is 15% above the national median of $244,900. This positions Argyle in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 219 total housing units, 100% are owner-occupied (219 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Argyle shows an unemployment rate of 8.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Argyle have an average one-way commute time of 20.7 minutes.
Education & Demographics
56.6% of Argyle residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.3% of the population being foreign-born.
How Argyle Ranks in Illinois
Cost of Living in Argyle, IL
Compared to national averages, Argyle has a median household income of $160,893 (114% above the national median of $75,149). Home values average $281,000, which is 15% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Argyle's income is 114% above the state average of $75,072, and home values are 70% above the state median of $165,779.
Why Live in Argyle, IL?
Argyle offers a strong local economy with a median household income of $160,893, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 56.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 20.7 minutes.
Argyle has a population of 561 with a median age of 56.3 years. Compare Argyle with other cities to see how it stacks up, or explore all cities in Illinois.
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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 Argyle
What is the population of Argyle, IL?
The population of Argyle, IL is 561 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 Argyle?
The median household income in Argyle, IL is $160,893 per year, which is 114% above the national median of $75,149.
What is the median home value in Argyle?
The median home value in Argyle, IL is $281,000, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Argyle?
The median monthly rent in Argyle, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Argyle?
The unemployment rate in Argyle, IL is 8.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Argyle, IL a good place to live?
Argyle offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 561 and a median age of 56.3, the city appeals to established professionals and retirees.
How educated is Argyle, IL?
56.6% of residents in Argyle aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Argyle?
Key cost-of-living indicators for Argyle, IL: median home value is $281,000 (15% above national), median rent is $0/month, and median household income is $160,893. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Argyle?
The poverty rate in Argyle, IL is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Argyle, IL?
Argyle's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.