Baileyville, IL
Population 96 · Illinois
About Baileyville, IL
Baileyville is a small community located in Illinois with a population of 96 residents according to the latest US Census Bureau American Community Survey data. The median household income is $18,679 per year, which is 75% below the national median of $75,149. The median age of 56.6 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 Baileyville features a median home value of $817,900, which is 234% above the national median of $244,900. This places Baileyville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 63 total housing units, 81% are owner-occupied (51 units) and 19% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Baileyville shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Baileyville have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
70.5% of Baileyville 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 0.0% of the population being foreign-born.
How Baileyville Ranks in Illinois
Cost of Living in Baileyville, IL
Compared to national averages, Baileyville has a median household income of $18,679 (75% below the national median of $75,149). Home values average $817,900, which is 234% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Baileyville's income is 75% below the state average of $75,072, and home values are 393% above the state median of $165,779.
Why Live in Baileyville, IL?
Baileyville offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 70.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.1%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($18,679) that falls below the national average, and a competitive housing market where the typical home costs $817,900. However, Baileyville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Baileyville has a population of 96 with a median age of 56.6 years. Compare Baileyville with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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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 Baileyville
What is the population of Baileyville, IL?
The population of Baileyville, IL is 96 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 Baileyville?
The median household income in Baileyville, IL is $18,679 per year, which is 75% below the national median of $75,149.
What is the median home value in Baileyville?
The median home value in Baileyville, IL is $817,900, which is 234% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Baileyville?
The median monthly rent in Baileyville, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Baileyville?
The unemployment rate in Baileyville, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Baileyville, IL a good place to live?
Baileyville offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 96 and a median age of 56.6, the city appeals to established professionals and retirees.
How educated is Baileyville, IL?
70.5% of residents in Baileyville 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 Baileyville?
Key cost-of-living indicators for Baileyville, IL: median home value is $817,900 (234% above national), median rent is $0/month, and median household income is $18,679. The home-value-to-income ratio is 43.8x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Baileyville?
The poverty rate in Baileyville, IL is 3.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Baileyville, IL?
Baileyville'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. 0.0% of residents are foreign-born.