Bone Gap, IL
Population 187 · Illinois
About Bone Gap, IL
Bone Gap is a small community located in Illinois with a population of 187 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,167 per year, which is 41% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Bone Gap features a median home value of $67,000, which is 73% below the national median of $244,900. This makes Bone Gap one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $481, 59% below the national average of $1,163/month. Of the 88 total housing units, 83% are owner-occupied (65 units) and 17% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bone Gap shows an unemployment rate of 19.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.1%, above the national average of 12.4%. Workers in Bone Gap have an average one-way commute time of 46.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
7.9% of Bone Gap 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 0.0% White, 17.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
How Bone Gap Ranks in Illinois
Cost of Living in Bone Gap, IL
Compared to national averages, Bone Gap has a median household income of $44,167 (41% below the national median of $75,149). Home values average $67,000, which is 73% below the national median. Monthly rent at $481 is 59% below the US average of $1,163. Within Illinois, Bone Gap's income is 41% below the state average of $75,072, and home values are 60% below the state median of $165,779.
Why Live in Bone Gap, IL?
Bone Gap offers affordable housing with a median home value of $67,000, below the US average of $244,900, and rent that’s lower than the national average at $481/month.
Potential considerations include median household income ($44,167) that falls below the national average. However, Bone Gap’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bone Gap has a population of 187 with a median age of 40.7 years. Compare Bone Gap with other cities to see how it stacks up, or explore all cities in Illinois.
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Cities in Illinois with a similar population size.
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 Bone Gap
What is the population of Bone Gap, IL?
The population of Bone Gap, IL is 187 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 Bone Gap?
The median household income in Bone Gap, IL is $44,167 per year, which is 41% below the national median of $75,149.
What is the median home value in Bone Gap?
The median home value in Bone Gap, IL is $67,000, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bone Gap?
The median monthly rent in Bone Gap, IL is $481, which is 59% below the national average of $1,163/month.
What is the unemployment rate in Bone Gap?
The unemployment rate in Bone Gap, IL is 19.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bone Gap, IL a good place to live?
Bone Gap offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 187 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Bone Gap, IL?
7.9% of residents in Bone Gap 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 Bone Gap?
Key cost-of-living indicators for Bone Gap, IL: median home value is $67,000 (73% below national), median rent is $481/month, and median household income is $44,167. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bone Gap?
The poverty rate in Bone Gap, IL is 25.1%, 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 Bone Gap, IL?
Bone Gap's population is 0.0% White, 17.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.