Broadview, IL
Population 7,898 · Illinois
About Broadview, IL
Broadview is a small town located in Illinois with a population of 7,898 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,139 per year, which is 20% below the national median of $75,149. The median age of 41.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Broadview features a median home value of $240,600, which is 2% below the national median of $244,900. This positions Broadview in a moderately priced market relative to the rest of the country. Median monthly rent is $1,092, 6% below the national average of $1,163/month. Of the 3,223 total housing units, 64% are owner-occupied (1,993 units) and 36% are renter-occupied (1,122 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Broadview shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Broadview have an average one-way commute time of 24.3 minutes.
Education & Demographics
14.8% of Broadview 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 15.7% White, 2.0% Hispanic or Latino, 0.4% Black or African American, and 4.7% Asian residents, with 11.1% of the population being foreign-born.
Cost of Living in Broadview, IL
Compared to national averages, Broadview has a median household income of $60,139 (20% below the national median of $75,149). Home values average $240,600, which is 2% below the national median. Monthly rent at $1,092 is 6% below the US average of $1,163. Within Illinois, Broadview's income is 20% below the state average of $75,072, and home values are 45% above the state median of $165,779.
Why Live in Broadview, IL?
Broadview offers affordable housing with a median home value of $240,600, below the US average of $244,900, and rent that’s lower than the national average at $1,092/month, and a low poverty rate of 10.7%, better than the national average. Additionally, the city features short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($60,139) that falls below the national average. However, Broadview’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Broadview has a population of 7,898 with a median age of 41.9 years. Compare Broadview with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Broadview
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Dundee | 7,867 | $104,750 | $342,900 | Compare |
| South Beloit | 7,930 | $81,836 | $160,800 | Compare |
| Lincolnshire | 7,937 | $179,735 | $625,800 | Compare |
| Silvis | 7,939 | $67,569 | $161,300 | Compare |
| Round Lake Park | 7,833 | $57,486 | $157,900 | Compare |
| Princeton | 7,829 | $57,682 | $131,300 | Compare |
| Island Lake | 8,023 | $98,125 | $241,900 | Compare |
| Oak Brook | 8,028 | $171,123 | $867,900 | 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 Broadview With Other Cities
Frequently Asked Questions about Broadview
What is the population of Broadview, IL?
The population of Broadview, IL is 7,898 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Broadview?
The median household income in Broadview, IL is $60,139 per year, which is 20% below the national median of $75,149.
What is the median home value in Broadview?
The median home value in Broadview, IL is $240,600, which is 2% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Broadview?
The median monthly rent in Broadview, IL is $1,092, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Broadview?
The unemployment rate in Broadview, IL is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Broadview, IL a good place to live?
Broadview offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,898 and a median age of 41.9, the city appeals to a broad range of residents.
How educated is Broadview, IL?
14.8% of residents in Broadview 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 Broadview?
Key cost-of-living indicators for Broadview, IL: median home value is $240,600 (2% below national), median rent is $1,092/month, and median household income is $60,139. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Broadview?
The poverty rate in Broadview, IL is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Broadview, IL?
Broadview's population is 15.7% White, 2.0% Hispanic or Latino, 0.4% Black or African American, 4.7% Asian, and 63.1% two or more races. 11.1% of residents are foreign-born.