Arrowsmith, IL
Population 381 · Illinois
About Arrowsmith, IL
Arrowsmith is a small community located in Illinois with a population of 381 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,592 per year, which is 14% above the national median of $75,149. The median age of 34.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Arrowsmith features a median home value of $101,200, which is 59% below the national median of $244,900. This makes Arrowsmith one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,042, 10% below the national average of $1,163/month. Of the 139 total housing units, 85% are owner-occupied (110 units) and 15% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Arrowsmith shows an unemployment rate of 13.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 40.3%, above the national average of 12.4%. Workers in Arrowsmith have an average one-way commute time of 29 minutes.
Education & Demographics
26.1% of Arrowsmith residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.3% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Arrowsmith, IL
Compared to national averages, Arrowsmith has a median household income of $85,592 (14% above the national median of $75,149). Home values average $101,200, which is 59% below the national median. Monthly rent at $1,042 is 10% below the US average of $1,163. Within Illinois, Arrowsmith's income is 14% above the state average of $75,072, and home values are 39% below the state median of $165,779.
Why Live in Arrowsmith, IL?
Arrowsmith offers a strong local economy with a median household income of $85,592, well above the national average, and affordable housing with a median home value of $101,200, below the US average of $244,900, and rent that’s lower than the national average at $1,042/month.
Arrowsmith has a population of 381 with a median age of 34.7 years. Compare Arrowsmith with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Arrowsmith
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fayetteville | 381 | $56,458 | $85,300 | Compare |
| Alto Pass | 380 | $59,583 | $106,800 | Compare |
| Armington | 382 | $56,250 | $100,000 | Compare |
| Belle Rive | 380 | $55,577 | $82,500 | Compare |
| Orient | 380 | $39,167 | $49,100 | Compare |
| Cameron | 383 | $57,614 | $110,400 | Compare |
| Dunfermline | 379 | $69,000 | $114,700 | Compare |
| Pierron | 378 | $62,750 | $103,400 | 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 Arrowsmith With Other Cities
Frequently Asked Questions about Arrowsmith
What is the population of Arrowsmith, IL?
The population of Arrowsmith, IL is 381 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 Arrowsmith?
The median household income in Arrowsmith, IL is $85,592 per year, which is 14% above the national median of $75,149.
What is the median home value in Arrowsmith?
The median home value in Arrowsmith, IL is $101,200, which is 59% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Arrowsmith?
The median monthly rent in Arrowsmith, IL is $1,042, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Arrowsmith?
The unemployment rate in Arrowsmith, IL is 13.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Arrowsmith, IL a good place to live?
Arrowsmith offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 381 and a median age of 34.7, the city appeals to young professionals and families.
How educated is Arrowsmith, IL?
26.1% of residents in Arrowsmith 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 Arrowsmith?
Key cost-of-living indicators for Arrowsmith, IL: median home value is $101,200 (59% below national), median rent is $1,042/month, and median household income is $85,592. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Arrowsmith?
The poverty rate in Arrowsmith, IL is 40.3%, 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 Arrowsmith, IL?
Arrowsmith's population is 6.3% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 11.8% two or more races. 0.0% of residents are foreign-born.