Buda, IL
Population 511 · Illinois
About Buda, IL
Buda is a small community located in Illinois with a population of 511 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,922 per year, which is 34% below the national median of $75,149. The median age of 35 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 Buda features a median home value of $69,800, which is 71% below the national median of $244,900. This makes Buda one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $894, 23% below the national average of $1,163/month. Of the 220 total housing units, 87% are owner-occupied (173 units) and 13% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Buda shows an unemployment rate of 8.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.0%, above the national average of 12.4%. Workers in Buda have an average one-way commute time of 33.3 minutes.
Education & Demographics
11.2% of Buda 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 2.3% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Buda, IL
Compared to national averages, Buda has a median household income of $49,922 (34% below the national median of $75,149). Home values average $69,800, which is 71% below the national median. Monthly rent at $894 is 23% below the US average of $1,163. Within Illinois, Buda's income is 34% below the state average of $75,072, and home values are 58% below the state median of $165,779.
Why Live in Buda, IL?
Buda offers affordable housing with a median home value of $69,800, below the US average of $244,900, and rent that’s lower than the national average at $894/month.
Potential considerations include median household income ($49,922) that falls below the national average. However, Buda’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buda has a population of 511 with a median age of 35 years. Compare Buda with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Buda
Cities in Illinois with a similar population size.
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 Buda With Other Cities
Frequently Asked Questions about Buda
What is the population of Buda, IL?
The population of Buda, IL is 511 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 Buda?
The median household income in Buda, IL is $49,922 per year, which is 34% below the national median of $75,149.
What is the median home value in Buda?
The median home value in Buda, IL is $69,800, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Buda?
The median monthly rent in Buda, IL is $894, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Buda?
The unemployment rate in Buda, IL is 8.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Buda, IL a good place to live?
Buda offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 511 and a median age of 35, the city appeals to a broad range of residents.
How educated is Buda, IL?
11.2% of residents in Buda 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 Buda?
Key cost-of-living indicators for Buda, IL: median home value is $69,800 (71% below national), median rent is $894/month, and median household income is $49,922. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Buda?
The poverty rate in Buda, IL is 14.0%, 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 Buda, IL?
Buda's population is 2.3% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 0.6% two or more races. 0.4% of residents are foreign-born.