Braceville, IL
Population 890 · Illinois
About Braceville, IL
Braceville is a small community located in Illinois with a population of 890 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,278 per year, which is 6% below the national median of $75,149. The median age of 30.7 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 Braceville features a median home value of $176,400, which is 28% below the national median of $244,900. This positions Braceville 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 304 total housing units, 89% are owner-occupied (255 units) and 11% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Braceville shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.1%, above the national average of 12.4%. Workers in Braceville have an average one-way commute time of 31 minutes.
Education & Demographics
10.0% of Braceville 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 21.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Braceville, IL
Compared to national averages, Braceville has a median household income of $70,278 (6% below the national median of $75,149). Home values average $176,400, which is 28% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Braceville's income is 6% below the state average of $75,072, and home values are 6% above the state median of $165,779.
Why Live in Braceville, IL?
Braceville offers affordable housing with a median home value of $176,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.9%.
Potential considerations include median household income ($70,278) that falls below the national average. However, Braceville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Braceville has a population of 890 with a median age of 30.7 years. Compare Braceville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Braceville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mansfield | 890 | $72,500 | $133,600 | Compare |
| Blue Mound | 891 | $63,472 | $98,700 | Compare |
| Indian Creek | 892 | $152,500 | $443,100 | Compare |
| Ridge Farm | 887 | $50,833 | $73,000 | Compare |
| Sandoval | 883 | $51,827 | $60,300 | Compare |
| Kansas | 905 | $65,515 | $66,300 | Compare |
| Coyne Center | 906 | $120,938 | $218,800 | Compare |
| Nauvoo | 911 | $49,750 | $118,000 | 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 Braceville With Other Cities
Frequently Asked Questions about Braceville
What is the population of Braceville, IL?
The population of Braceville, IL is 890 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 Braceville?
The median household income in Braceville, IL is $70,278 per year, which is 6% below the national median of $75,149.
What is the median home value in Braceville?
The median home value in Braceville, IL is $176,400, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Braceville?
The median monthly rent in Braceville, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Braceville?
The unemployment rate in Braceville, IL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Braceville, IL a good place to live?
Braceville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 890 and a median age of 30.7, the city appeals to young professionals and families.
How educated is Braceville, IL?
10.0% of residents in Braceville 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 Braceville?
Key cost-of-living indicators for Braceville, IL: median home value is $176,400 (28% below national), median rent is $0/month, and median household income is $70,278. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Braceville?
The poverty rate in Braceville, IL is 13.1%, 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 Braceville, IL?
Braceville's population is 21.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 0.0% two or more races. 0.4% of residents are foreign-born.